Nepali Supreme Court (SC) is mulling to set up commercial benches to look after the business related issues, a leading website, nepalnews.com reported on Friday.

The website quoted joint registrar of the SC Binod Sharma as saying, "We have been making preparations to set up such benches to look after business related issues after rise in business related cases."

According to him, the issue will be discussed during the hearing in a full-court meeting of justices soon.

"The benches will be set up following the approval of the full- court meeting," he said.

According to the report, the benches will look into cases related to company disputes, secured transitions, contracts and banking, negotiable instruments, arbitration, intellectual property rights, finance, foreign investment, insurance, securities, partnership, construction and transportation.

A working group comprising Chief Judge of Jumla Tarka Raj Bhatta and some district judges has been formed to study the matter and submit recommendation, the report said.

Source: Xinhua