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AMENDMENTS in Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015,

AMENDMENTS in Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015,

The Government, on May 3, 2018, promulgated an Ordinance (Ordinance) amending the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 (Act). These amendments are an attempt to expand the scope of commercial courts in India. They will also contribute towards improving India’s ranking on the ‘ease of doing business index’ released by the World Bank (Ease of Business Report).

Highlights of the Amendment

  • Minimum Value of dispute (pecuniary jurisdiction) reduced to INR 3,00,000/-
  • Commercial courts split in two – (i) District Judge Level & Below District Judge Level
  • Commercial Appellate Courts introduced
  • Mandatory pre-institution mediation prescribed
  • Government to appoint commercial court judges


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User Comments
JOHNSON THANGIAH
Sir, The govt needs some more time for commercial courts.
JOHNSON THANGIAH 16 May 2018
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