According to Decree No. (20) of 2022, the Tribunal formed pursuant to Decree No. (57) of 2009 will be dissolved, and all cases and claims related to the financial settlement of Dubai World and its subsidiaries filed after this Decree comes into effect will be referred to specialised courts.
The new Decree stated that the Tribunal will continue to review all pending cases and claims during the transition period. All cases and requests that have not been resolved by a final judgment before 13th December 2022, will be referred to specialised courts, in line with judicial legislations in Dubai, without any new fees being charged.
This Decree annuls any other legislation that may contradict it. The Decree is effective from the date of its publication in the Official Gazette.
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