(1) The State Government, may after consultation with the concerned High Court, by notification, constitute such number of Commercial Courts at District level, as it may deem necessary for the purpose of exercising the jurisdiction and powers conferred on those Courts under this Act:
2[Provided that with respect to the High Courts having ordinary original civil jurisdiction, the State Government may, after consultation with the concerned High Court, by notification, constitute Commercial Courts at the District Judge level:
Provided further that with respect to a territory over which the High Courts have ordinary original civil jurisdiction, the State Government may, by notification, specify such pecuniary value which shall not be less than three lakh rupees and not more than the pecuniary jurisdiction exercisable by the District Courts, as it may consider necessary.]
3[(1A) Notwithstanding anything contained in this Act, the State Government may, after consultation with the concerned High Court, by notification, specify such pecuniary value which shall not be less than three lakh rupees or such higher value, for whole or part of the State, as it may consider necessary.];
(2) The State Government shall, after consultation with the concerned High Court specify, by notification, the local limits of the area to which the jurisdiction of a Commercial Court shall extend and may, from time to time, increase, reduce or alter such limits.
(3) The 4 [State Government may], with the concurrence of the Chief Justice of the High Court appoint one or more persons having experience in dealing with commercial disputes to be the Judge or Judges, of a 5 [Commercial Court either at the level of District Judge or a court below the level of a District Judge].
2. Subs. by s. 6, ibid., for the proviso (w.e.f. 3-5-2018).
3. Ins. by s. 6, ibid., (w.e.f. 3-5-2018).
4. Subs. by s. 6, ibid., for "State Government shall" (w.e.f. 3-5-2018).
5. Subs. by s. 6, ibid., for "Commercial Court, from amongst the cadre of Higher Judicial Service in the State" (w.e.f. 3-5-2018).
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