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    Question

    The State Government, after consultation with the concerned High Court, shall specify a pecuniary value ________________ for Commercial Courts as per Commercial Courts Act

    A Less than three lakh rupees for any part of the State Correct Answer Incorrect Answer
    B Not less than three lakh rupees or higher for whole or part of the State Correct Answer Incorrect Answer
    C Only for the whole State without consultation Correct Answer Incorrect Answer
    D Without any minimum limit for any part of the State Correct Answer Incorrect Answer

    Solution

    Section 3. Constitution of Commercial Courts: (1A) Notwithstanding anything contained in this Act, the State Government may, after consultation with the concerned High Court, by notification, specify such pecuniary value which shall not be less than three lakh rupees or such higher value, for whole or part of the State, as it may consider necessary.

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