The Commercial Code of Iran and Necessity of its Amendment

Author

Abstract

Commercial intercourses have been changed and transformed so rapidly, which trade laws and regulations can hardly be compared with its necessities. Many countries, although, in reasonable time amended their previous commercial laws for facilitating, acceleration and security of trade relations, but Iranin legislature has been very late and slow in transparaencing and up to dating the commercial code of the country. Iran is deferred from national and international commercial developments, consequently. In this article, while considering developments of commercial codes of some countries, it has been established by emphasizing on some special issues, that making apparent of ambiguous points and gaps in the Iran's commercial laws are significant which should be made through exact and detailed studies. Perhaps then it will be possible some amendments in Iran's commercial law.