Investment and Commercial Court, QCPA, QSE sign MoUs

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The Investment and Trade Tribunal has separately signed two memorandums of understanding with the Qatar Association of Certified Public Accountants (QCPA) and the Qatar Society of Engineers (QSE), as part of the development of public accountancy and technique of the Tribunal.
The two memoranda were signed by the Director General of the Investment and Trade Tribunal, Maryam Sultan Khalifa al-Rabban, and on behalf of the QCPA, Dr Hashim al-Sayed, and engineer Khalid al-Nasser, of the part of the QSE.
The Investment and Trade Tribunal said that the signing of the two memorandums of understanding is part of its efforts to develop the mechanism of using Qatari experts and capacities in the fields of forensic expertise to provide technical and specialized reports in the areas of accounting and engineering in the matters of which the jurisdiction is specialized to help ensure prompt justice and the speedy execution of court orders.
Both MoUs confirm that the QCPA and QSE, upon request of the tribunal, will submit expert reports in the relevant areas, based on the Investment and Trade Tribunal Act No. 21 of 2021, as well as clarify what has been accomplished and indicate the impediments, if any, that require the intervention of the Investment and Trade Tribunal to resolve them.
The President of the Investment and Trade Court, Judge Khalid bin Ali al-Obaidli, said the signing of the two MoUs was aimed at cooperation and supporting the quality and accuracy of the court’s litigation proceedings and to ensure the progress of the litigation process within the time allowed. , recalling that the law of the Court granted it the right to have recourse to experts even if they are not limited in the panel of experts provided for by the law on expertise at the Ministry of Justice.
Al-Obaidli, in a statement to the Qatar News Agency (QNA), added that the law stipulates that the expert who published the expert report is not required to be one of the registered to the panel of experts pursuant to Law No. 16 of 2017. , which is the same as Article (27) of Law No. 21 of 2021 on the Investment and Commercial Court.
He pointed out that these two MoUs agreed to allocate the mechanism of expertise and distribute the work according to the specialization of these associations, and it was also agreed that these reports should be at the highest level of accuracy and professionalism to help resolve business disputes so complete these reports as soon as possible.
In the same context, Mariam al-Rabban pointed out that the two MoUs provide a good opportunity for the Court to use experts and specialists regarding technical aspects related to investment and trade, such as accounting and engineering, adding that these memorandums of understanding serve the Court, the litigants and the associations with which they were signed.
For his part, QCPA Chairman Dr. Hashim al-Sayed said the signing of this MoU was intended to support the quality, accuracy, objectivity and professionalism of the decisions made by the Court, emphasizing that the Investment and Commercial Court has a vision of improving performance and speed of delivery, which are the main pillars on which the memoranda were built.
QSE Chairman, Engineer Khalid al-Nasser reiterated that the Society will seek to support the tribunal’s reports related to engineering and will develop the performance provided to the tribunal in terms of the quality and professionalism of the reports.


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