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    Question

    Under the Commercial Courts Act with respect to a territory over which the High Courts have ordinary original civil jurisdiction, what can the State Government do regarding the pecuniary value for Commercial Courts at the District level?

    A Specify any pecuniary value without any restrictions Correct Answer Incorrect Answer
    B Specify a pecuniary value which is exactly three lakh rupees Correct Answer Incorrect Answer
    C Specify a pecuniary value which shall not be less than three lakh rupees and not more than the pecuniary jurisdiction exercisable by the District Courts Correct Answer Incorrect Answer
    D Specify a pecuniary value which is more than the pecuniary jurisdiction exercisable by the District Courts Correct Answer Incorrect Answer

    Solution

    Section 3. 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 level, as it may deem necessary for the purpose of exercising the jurisdiction and powers conferred on those Courts under this Act: Provided that with respect to the High Courts having ordinary original civil jurisdiction, the State Government may, after consultation with the concerned High Court, by notification, constitute Commercial Courts at the District Judge level: 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 which shall not be less than three lakh rupees and not more than the pecuniary jurisdiction exercisable by the District Courts, as it may consider necessary.

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