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2018-07-20
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Indian Polity
www.prsindia.org
Security / Law / Strategic affairs
The Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Ordinance, 2018
Highlights of the Ordinance
The Commercial Courts Act, 2015 provides for commercial courts and commercial divisions of high courts to adjudicate commercial disputes with a value of at least one crore rupees. The Ordinance reduces this limit to three lakh rupees.
The Ordinance allows state governments to establish commercial courts at the district level, even in territories where high courts have ordinary original civil jurisdiction.
In areas where high courts do not have original jurisdiction, state governments may set up commercial appellate courts at the district level to consider appeals from commercial courts below the level of a district judge.
Key Issues and Analysis
The Ordinance reduces the pecuniary jurisdiction of commercial courts from one crore rupees to three lakh rupees. It may be argued that the transfer of all commercial disputes above three lakh rupees may overburden the commercial courts and defeat the objective with which they were established.
Current Status: Ordinance: In force
Ministry
:
Law and Justice
Stage
Date
Introduction
May 3, 2018
Com. Ref.
Com. Rep.
Lok Sabha
Rajya Sabha
Relevant Links
Ordinance Text
(445 KB)
PRS Legislative Brief
(702 KB)
PRS Ordinance Summary
(226 KB)
अध्यादेश का सारांश
(742 KB)
Related news articles
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Business Standard, May 13, 2018
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