Commercial Courts

kuh-MUR-shul KORTS

Dedicated courts established under the Commercial Courts Act, 2015 for the speedy resolution of 'commercial disputes' of a specified value — providing a faster, more structured alternative to the regular civil court system.

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Definition

Commercial Courts Act Designated Commercial Courts Commercial Division

Dedicated courts established under the Commercial Courts Act, 2015 for the speedy resolution of 'commercial disputes' of a specified value — providing a faster, more structured alternative to the regular civil court system.

The Commercial Courts Act, 2015 established a three-tier structure: (a) the Commercial Division of High Courts (for matters above the 'specified value' — Rs. 1 crore or more); (b) the Commercial Appellate Division of High Courts (for appeals from the Commercial Division); and (c) Commercial Courts below the High Court (for commercial disputes above Rs. 3 lakh — after 2018 amendment reducing the specified value from Rs. 1 crore). Key features: mandatory pre-institution mediation (Section 12A — parties must attempt mediation before filing suit); strict timelines; limits on adjournments; mandatory Case Management Hearings (CMH); and summary judgment procedure.

Statutory Definition

Section 2(c), Commercial Courts Act, 2015: 'commercial dispute means a dispute arising out of — (i) ordinary transactions of merchants, bankers, financiers and traders such as those relating to mercantile documents, including enforcement and interpretation of such documents; (ii) export or import of merchandise or services; (iii) issues relating to admiralty and maritime law; (iv) transactions relating to aircraft, aircraft engines, aircraft equipment and helicopters; (v) carriage of goods; (vi) construction and infrastructure contracts, including tenders; (vii) agreements relating to immovable property used exclusively in trade or commerce; (viii) franchising agreements...' The list is extensive and broadly covers commercial transactions.'

Etymology & Origin

From Latin 'commercium' (trade, commerce) from 'com' (together) + 'merx' (goods, merchandise). 'Commercial courts' are courts specialising in 'commercial' disputes — disputes arising from trade and business transactions as defined by the Act.

Full Legal Analysis

This Term in Indian Statutes

CCA 12A
strict

Commercial Courts Act, 2015, 2015

"A suit which does not contemplate any urgent interim relief under this Act, shall not be instituted unless the plaintiff exhausts the remedy of pre-institution mediation in accordance with such manner and procedure as may be prescribed by rules made by the Central Government."

Mandatory pre-institution mediation: parties must try mediation before filing commercial suit (no urgent interim relief needed)

Other Legislation

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