Disputes Arising Out Of Immovable Property 'Actually Used' In Trade Or Commerce Alone Are 'Commercial Disputes': SC [Read Judgment]

Ashok Kini

4 Oct 2019 6:20 PM IST

"The word “used” denotes “actually used” and it cannot be either “ready for use” or “likely to be used” or “to be used”. It should be “actually used”."

The Supreme Court has held that, in order to fall within Section 2(1)(c)(vii) of the Commercial Courts Act, the immovable property must be "used exclusively" or "being used exclusively" in trade or commerce. The bench comprising Justice R. Banumathi and Justice AS Bopanna made it clear that the words 'used exclusively in trade or commerce' denotes "actually used" and it ...

Disputes Arising Out Of Immovable Property 'Actually Used' In Trade Or Commerce Alone Are 'Commercial Disputes': SC [Read Judgment]

Ashok Kini

"The word “used” denotes “actually used” and it cannot be either “ready for use” or “likely to be used” or “to be used”. It should be “actually used”."

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