Tag: Maldives

Apex Law LLP > Blog > Maldives

New Law Aims to Protect Consumers and Businesses in Maldives

Maldives Enacts New Competition Law to Promote Fair Business Practices On August 31, 2020, the Government of the Republic of Maldives ratified the Competition and Fair Business Practices Act, which will come into effect on March 1, 2021. The purpose of this act is to promote positive competition and fair business practices, while prohibiting agreements […]

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Supreme Court Rules MIRA Lacks Legal Authority to Sue for Non-Tax Payments

The Supreme Court of Maldives made a landmark decision in the case of Moosa Naseer v Maldives Inland Revenue Authority (MIRA) on June 22, 2020. The case centered around the authority of MIRA to sue for non-tax payments and whether it had the legal power to initiate court action to recover lease rent and fines […]

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Why a Written Independent Contractor Agreement is Essential for Your Business

An independent contractor is a self-employed individual or company that provides services to other businesses or individuals on a project basis. They are not considered employees, and as such, are not entitled to employee benefits such as health insurance or paid time off. Independent contractors are responsible for their own taxes and expenses, and they […]

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The Legality of Agreements without Signatures

The Legality of Agreements without Signatures: Understanding the Complexities and Ensuring Enforceability The idea that an agreement must be signed to be legally binding is a common misconception. In reality, there are various ways in which agreements can be formed, and a signature is not always necessary. This is particularly true in the digital age, […]

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Why Introducing a Discovery Stage Could Improve the Maldivian Legal System

Discovery is a pre-trial stage in a legal proceeding where parties are required to disclose relevant information and evidence to each other. The process involves requests for information and production of documents, depositions of witnesses, and other forms of evidence gathering. It is a critical part of the litigation process in many legal systems, including […]

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Interest and penalty cannot be recovered for the period of delay: High Court

The High Court has recently made a ruling that may have significant implications for banks and other lenders in recovering unpaid loans. The court held that banks cannot collect interest and penalties on loans for a prolonged period without making any attempts to recover the money or filing a lawsuit. The case involved BML, which […]

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The Maldives: A Unique Legal System

The Maldives is a stunning island nation that has been a popular tourist destination for many years. However, there is more to this small country than just pristine beaches and luxurious resorts. The Maldives has a unique legal system that is based on a combination of Islamic law and British common law. In this blog, […]

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Trends in International Law:

How Changes in Trade Policies and the United Nations Charter are Impacting Global Institutions and Diplomacy International law is an ever-evolving landscape, with new policies and regulations constantly being implemented. In recent years, two areas of international law that have seen significant changes are trade policies and the United Nations Charter. These changes have the […]

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Understanding Legal System in Maldives

The Maldives, a tropical island nation in the Indian Ocean, is a country that follows a common law legal system. The legal system of Maldives is primarily based on Islamic law or Sharia, which is the principal source of law in the country. In this article, we will take a closer look at the legal […]

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Next Steps After a Vehicle Accident

Car accidents can be traumatic and stressful, leaving victims wondering what to do next. If you or someone you love has been involved in a car accident, it is important to take certain steps to protect your legal rights and ensure that you receive the compensation you deserve. In this blog post, experienced attorneys share […]

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