Delhi HC Nominates Distt Judges, Addl Distt Judges As Commercial Courts As An Interim Measure
As an interim measure following the revision in the pecuniary jurisdiction of commercial courts, the Delhi High Court has nominated all the district judges/additional district judges of respective districts as Commercial Courts.
A circular issued by the Registrar General said, “In pursuance of Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Ordinance, 2018, Hon'ble the Acting Chief Justice and Hon'ble Judges of this Court have been pleased to order that all the District Judges/Additional District Judges of respective districts are nominated as Commercial Courts, as an interim measure to deal with the commercial matters valued between rupees three lacs to rupees two crores”.
It is to be noted that vide a notification issued by the Delhi government on July 4, it was announced that the pecuniary value of commercial courts at the district judge level shall be above Rs 3 lakh and not more than Rs 2 crore.
In view of this, Acting Chief Justice Gita Mittal had ordered the Registry of the high court to not accept any further commercial suits valued at less than Rs 2 crore.
The move is seen as one favouring ease of doing business with an increasing number of commercial disputes.Read the Notice Here