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Section 2 of The Commercial Courts Act 2015: Definitions

(1) In this Act, unless the context otherwise requires,-

3[(a) "Commercial Appellate Courts" means the Commercial Appellate Courts designated under section 3A;]

4[(aa)] "Commercial Appellate Division" means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5;

(b) "Commercial Court" means the Commercial Court constituted under sub-section (1) of section 3;

(c) "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, including sales, leasing and financing of the same;

(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;

(ix) distribution and licensing agreements;

(x) management and consultancy agreements;

(xi) joint venture agreements;

(xii) shareholders agreements;

(xiii) subscription and investment agreements pertaining to the services industry including outsourcing services and financial services;

(xiv) mercantile agency and mercantile usage;

(xv) partnership agreements;

(xvi) technology development agreements;

(xvii) intellectual property rights relating to registered and unregistered trademarks, copyright, patent, design, domain names, geographical indications and semiconductor integrated circuits;

(xviii) agreements for sale of goods or provision of services;

(xix) exploitation of oil and gas reserves or other natural resources including electromagnetic spectrum;

(xx) insurance and re-insurance;

(xxi) contracts of agency relating to any of the above; and

(xxii) such other commercial disputes as may be notified by the Central Government.

Explanation.- A commercial dispute shall not cease to be a commercial dispute merely because-

(a) it also involves action for recovery of immovable property or for realisation of monies out of immovable property given as security or involves any other relief pertaining to immovable property;

(b) one of the contracting parties is the State or any of its agencies or instrumentalities, or a private body carrying out public functions;

(d) "Commercial Division" means the Commercial Division in a High Court constituted under sub-section (1) of section 4;

(e) "District Judge" shall have the same meaning as assigned to it in clause (a) of article 236 of the Constitution of India;

(f) "document" means any matter expressed or described upon any substance by means of letters, figures or marks, or electronic means, or by more than one of those means, intended to be used, or which may be used, for the purpose of recording that matter;

(g) "notification" means a notification published in the Official Gazette and the expression "notify" with its cognate meanings and grammatical variations shall be construed accordingly;

(h) "Schedule" means the Schedule appended to the Act; and

(i) "Specified Value", in relation to a commercial dispute, shall mean the value of the subject-matter in respect of a suit as determined in accordance with section 12 [5 which shall not be less than three lakh rupees] or such higher value, as may be notified by the Central Government.

(2) The words and expressions used and not defined in this Act but defined in the Code of Civil Procedure, 1908 (5 of 1908) and the Indian Evidence Act, 1872 (1 of 1872), shall have the same meanings respectively assigned to them in that Code and the Act.

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3. Ins. by s. 4, ibid., (w.e.f. 3-5-2018).

4. Clause (a) renumbered as clause (aa) by s. 4, ibid., (w.e.f. 3-5-2018).  

5. Subs. by Act 28 of 2018, s. 4, for "which shall not be less than one crore rupees" (w.e.f. 3-5-2018).

Commercial Courts Act 2015

Section 2 Definitions

Section 3 Constitution of Commercial Courts

Section 3A Designation of Commercial Appellate Courts

Section 4 Constitution of Commercial Division of High Court

Section 5 Constitution of Commercial Appellate Division

Section 6 Jurisdiction of Commercial Court

Section 7 Jurisdiction of Commercial Divisions of High Courts

Section 8 Bar against revision application or petition against an interlocutory order

Section 10 Jurisdiction in respect of arbitration matters

Section 11 Bar of jurisdiction of Commercial Courts and Commercial Divisions

Section 12 Determination of Specified Value

Section 12A Pre-Institution Mediation and Settlement

Section 13 Appeals from decrees of Commercial Courts and Commercial Divisions

Section 14 Expeditious disposal of appeals

Section 15 Transfer of pending cases

Section 16 Amendments to the Code of Civil Procedure, 1908 in its application to commercial disputes

Section 17 Collection and disclosure of data by Commercial Courts, Commercial Appellate Courts, Commercial Divisions and Commercial Appellate Divisions

Section 18 Power of High Court to issue directions

Section 19 Infrastructure facilities

Section 20 Training and continuous education

Section 21 Act to have overriding effect

Section 21A Power of Central Government to make rules

Section 22 Power to remove difficulties

Section 23 Repeal and savings

 

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