{"id":39592,"date":"2015-10-25T08:46:53","date_gmt":"2015-10-25T03:16:53","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=39592"},"modified":"2015-10-25T08:46:53","modified_gmt":"2015-10-25T03:16:53","slug":"disputes-to-be-shifted-to-hcs-commercial-benches","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/disputes-to-be-shifted-to-hcs-commercial-benches","title":{"rendered":"Disputes to be shifted to HCs commercial benches"},"content":{"rendered":"<figure id=\"attachment_37805\" aria-describedby=\"caption-attachment-37805\" style=\"width: 281px\" class=\"wp-caption alignright\"><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/jail.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"37805\" data-permalink=\"https:\/\/www.legalindia.com\/news\/4-years-jail-to-24-year-old-youth-for-stabbing-man\/jail-2\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/jail.jpg?fit=281%2C180&amp;ssl=1\" data-orig-size=\"281,180\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"jail\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/jail.jpg?fit=281%2C180&amp;ssl=1\" class=\"wp-image-37805 size-full\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/jail.jpg?resize=281%2C180&#038;ssl=1\" alt=\"Disputes to be shifted to HCs commercial benches\" width=\"281\" height=\"180\" \/><\/a><figcaption id=\"caption-attachment-37805\" class=\"wp-caption-text\">Disputes to be shifted to HCs commercial benches<\/figcaption><\/figure>\n<p>Thousands of high-value business disputes are set to be transferred to commercial benches in select high courts in the coming weeks after promulgation of an ordinance, which seeks to improve the ease of doing business in India.<\/p>\n<p>The government had last week approved an ordinance to set up commercial benches in select high courts to deal with high value business disputes. It was signed by President Pranab Mukherjee on Friday.<\/p>\n<p>With the ordinance coming into force &#8220;at once&#8221;, all pending suits and applications relating to commercial disputes involving claims of Rs one crore or more in the high courts and civil courts will be transferred to the relevant Commercial Division or Commercial Court as the case may be.<\/p>\n<p>The exact number of cases which will stand transferred was not yet clear but Law Ministry officials said the number could be in thousands across India.<\/p>\n<p>A commercial dispute has been defined broadly to mean a dispute arising out of ordinary transactions of merchants, bankers, financiers and traders such as those relating to mercantile documents; joint venture and partnership agreements; intellectual property rights; insurance and other areas.<\/p>\n<p>Commercial Divisions are to be set up in those high courts which are already exercising ordinary original civil jurisdiction such as Calcutta, Madras and Himachal Pradesh high courts.<\/p>\n<p>Delhi and Bombay High Courts have already set up Commercial Divisions.<\/p>\n<p>These Commercial Divisions will exercise jurisdiction over all cases and applications relating to commercial disputes. The Commercial Division shall have territorial jurisdiction over such area on which it has original jurisdiction, the ordinance states.<\/p>\n<p>According to the Law Ministry-piloted ordinance, Commercial Courts, which will be equivalent to district courts, are to be set up in states and UTs where the high courts do not have ordinary original civil jurisdiction, and in states where the high court has original jurisdiction, in respect of those regions to which the original jurisdiction of a high court does not extend.<\/p>\n<p>( Source &#8211; PTI )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thousands of high-value business disputes are set to be transferred to commercial benches in select high courts in the coming weeks after promulgation of an ordinance, which seeks to improve the ease of doing business in India. The government had last week approved an ordinance to set up commercial benches in select high courts to [&hellip;]<\/p>\n","protected":false},"author":38299,"featured_media":37805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[34296,146,34295,31987,117,80],"class_list":["post-39592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-commercial-benches","tag-court","tag-disputes-to-be-shifted-to-hcs-commercial-benches","tag-featured","tag-law","tag-legal-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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Chief Justice G Rohini has designated two benches in the original jurisdiction as commercial courts to deal with the suits involving commercial disputes and two division bench in the appellate\u2026","rel":"","context":"In &quot;Bar, Bench &amp; Firm News&quot;","block_context":{"text":"Bar, Bench &amp; Firm News","link":"https:\/\/www.legalindia.com\/news\/category\/bar-bench-firm-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8514,"url":"https:\/\/www.legalindia.com\/news\/more-arbitration-centres-for-commercial-disputes-planned","url_meta":{"origin":39592,"position":1},"title":"More arbitration centres for commercial disputes planned","author":"Legal India Admin","date":"January 25, 2011","format":false,"excerpt":"Union Law Minister M. Veerappa Moily Monday said that the central government was looking at setting up arbitration centres for commercial disputes in every metropolitan city in the country. Speaking during a ceremony in Panaji, marked to unveil India's first international arbitration outside the national capital, Moily also made a\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2011\/01\/Union-Law-Minister-M.-Veerappa-Moily.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":39987,"url":"https:\/\/www.legalindia.com\/news\/commercial-disputes-court-sends-suits-of-over-rs-1-cr-to-hc","url_meta":{"origin":39592,"position":2},"title":"Commercial disputes: Court sends suits of over Rs 1 cr to HC","author":"Legal India Admin","date":"November 22, 2015","format":false,"excerpt":"Complying with the provisions of a recent ordinance on commercial courts and division, a court here has transferred to the Delhi High Court two commercial dispute suits having a value of over Rs one crore. 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