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Informist, Tuesday, Feb. 11, 2025

 

NEW DELHI – The Supreme Court Tuesday asked the Centre for a status update on the setting up of commercial courts in different states and Union territories. It also asked the registrars general of various high courts to give information on the number of commercial disputes pending in their respective courts, the cases that were disposed of in the last three years, and infrastructure available for commercial courts and their appellate benches.

 

A bench of Justice K.V. Viswanathan and Justice N.K. Singh said the inputs would be essential and could only be furnished by the registrars general of the high courts. The information is to be collated by the Centre and furnished to the Supreme Court before Apr. 15. "Since the matter is of considerable importance, we are hopeful that the particulars will be furnished within the stipulated time," the judges said. The court will now hear the matter on Apr. 22.

 

The court was hearing a petition by the Indian Commercial and Arbitration Bar Association, which alleged that the government had failed to implement the Commercial Courts Act, 2015, delaying the resolution of commercial disputes and creating hindrances to the practice of commercial trade. The petition said that despite lawmakers having made a loud and clear declaration of setting up commercial courts across states, the government is yet to implement the law effectively.

  

According to the association, the law was enacted in 2015 to provide a forum with upgraded infrastructure to resolve commercial disputes in a time-bound manner. It provides for setting up such courts at the district level, along with the commercial division at high courts having ordinary original civil jurisdiction to effectively and efficiently dispose of commercial disputes of a specified value, the lawyers' body said.

 

The petitioner said the government had failed to create separate commercial courts and the appointment of additional judges who already have a roster does not help to achieve the objective of the law to reduce the time taken to dispose of commercial disputes.  End

 

Reported by Surya Tripathi

Edited by Rajeev Pai

 

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