DCCI President calls on Chief Justice

During the meeting, DCCI President said, "Although we have 'Artha Rin Adalat' and the 'Arbitration Act-2001', but their narrow jurisdiction and weaker implementation into the broader dispute resolution framework have constrained the ideal business-related dispute settlement culture in the economy." 

In this regard, the recent approval of Commercial Court Ordinance 2025 is a timely and game-changing step, said a press release here today.
 
Efficient commercial dispute resolution is one of the key priorities of ensuring pro-business climate development in the ever-changing global business climate, he added.

He lauded the Chief Justice for his active consideration of Commercial Court Ordinance as one of the pressing needs for our competitive trade and business development amidst the unusual political and economic state in Bangladesh. 

Taskeen Ahmed also acknowledged the other great initiatives taken by the CJ 
towards ensuring judicial independence through the historic move of establishing Supreme Court Secretariat, digitization of day-to-day court operations and formation of Supreme Judicial Appointment Council with a view to enhancing the confidence of the private sector and stakeholders of judicial ecosystem of the country.

Replying to the comments of DCCI President, the Chief Justice of Bangladesh Dr. Syed Refaat Ahmed suggested that the private sector of Bangladesh should continue their concerted efforts to turn this Commercial Court Ordinance into a full-fledged Act and its implementation so that it can facilitate our trade and investment growth further.

The Chief Justice also emphasized the shared effort of Bangladesh Supreme Court and DCCI to better contribute to private sector friendly regulatory ecosystem development ahead. 

He recognised the role of Dhaka Chamber as one of the strong voices of the private sector to cater the best interest of the business community and also expected that Dhaka Chamber would be able to contribute more accelerating the private sector-led investment and trade development of the economy in the days to come.

DCCI's Senior Vice President Razeev H Chowdhury, Vice President Md. Salem Sulaimanand Secretary General (Acting) Dr. AKM Asaduzzaman Patwary were also present at the meeting, reports BSS.