Commercial Suits Part 1: Is Your Case a Commercial Suit? |
In this video, we explain the legislative intent behind the Commercial Courts Act, 2015, the test for identifying a “commercial dispute”, the jurisdiction and hierarchy of Commercial Courts, the concept of specified value, the ₹3 lakh threshold, and the mandatory requirement of Section 12A pre-institution mediation. 01:10 - Why Commercial Court Exist? 2:45 - High Court having Ordinary Original Civil Jurisdiction 3:37 - Appellate Division of High court Having Ordinary Original Civil Jurisdiction 3:57 - High Not having Ordinary Original Civil Jurisdiction 4:22 - Appellate Court of High court not Having Ordinary Original Civil Jurisdiction 4:42 - What is commercial dispute? 06:40 Pre - Institution mediation Process - Section 12A 7:29 - Urgent interim relief needed? 7:38 - Specified Value - Section 12 8:24 - Full Mediation Process #CommercialCourtsAct2015 #CommercialDisputes #Section12A #PreInstitutionMediation #CommercialCourt

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