Provided further that with respect to a territory over which the high courts have ordinary original civil jurisdiction, the state government may, by notification, specify such pecuniary value. Constitution of commercial courts.—(1) the state government, may after consultation with the concerned high court, by notification, constitute such number of commercial courts at district. Government on thursday notified an ordinance on may 3 to amend the commercial courts, commercial division and the commercial appellate division in high.
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The government, on may 3, 2018, promulgated an ordinance (ordinance) amending the commercial courts, commercial division and commercial appellate division of high courts. For speedy resolution of commercial cases the commercial courts act, 2015 was passed and again amended in 2018. All cases and petitions of commercial disputes arising out of the full territory of the state over.
In areas where high courts have original jurisdiction, state governments may specify the pecuniary jurisdiction of commercial courts which is not lower than three lakh.
This has led to establishment of “dedicated commercial courts” for. Section 6 of the commercial courts act,2015 deals with the jurisdiction of commercial court.
