New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    Under the Commercial Courts Act under what condition would a suit or application not be transferred to a Commercial Division or Commercial Court?

    A If the case involves a commercial dispute of a Specified Value Correct Answer Incorrect Answer
    B If the case is pending in a civil court in any district or area Correct Answer Incorrect Answer
    C If the final judgment has been reserved by the Court prior to the constitution of the Commercial Division or the Commercial Court Correct Answer Incorrect Answer
    D If the case involves urgent interim relief. Correct Answer Incorrect Answer

    Solution

    Section 15.   Transfer of pending cases: (2) All suits and applications, including applications under the Arbitration and Conciliation Act, 1996, relating to a commercial dispute of a Specified Value pending in any civil court in any district or area in respect of which a Commercial Court has been constituted, shall be transferred to such Commercial Court: Provided that no suit or application where the final judgment has been reserved by the Court prior to the constitution of the Commercial Division or the Commercial Court shall be transferred either under sub-section (1) or sub-section (2).

    Practice Next