The Commercial Courts Act 2015

ACT NO. 4 OF 2016 [31st December, 2015.]

An Act to provide for the constitution of Commercial Courts, Commercial Appellate Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto.

BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows:-

CHAPTER I PRELIMINARY

Section 1. Short title, extent and commencement

(1) This Act may be called the Commercial Courts Act, 2015.

(2) It extends to the whole of India except the State of Jammu and Kashmir.

(3) It shall be deemed to have come into force on the 23rd day of October, 2015

Section 2 Definitions

 

CHAPTER II COMMERCIAL COURTS, COMMERCIAL APPELLATE COURTS, COMMERCIAL DIVISIONS AND COMMERCIAL APPELLATE DIVISIONS

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

 

CHAPTER III SPECIFIED VALUE

Section 12 Determination of Specified Value

 

CHAPTER IIIA PRE-INSTITUTION MEDIATION AND SETTLEMENT

Section 12A Pre-Institution Mediation and Settlement

 

CHAPTER IV APPEALS

Section 13 Appeals from decrees of Commercial Courts and Commercial Divisions

Section 14 Expeditious disposal of appeals

 

CHAPTER V TRANSFER OF PENDING SUITS

Section 15 Transfer of pending cases

 

CHAPTER VI AMENDMENTS TO THE PROVISIONS OF THE CODE OF CIVIL PROCEDURE, 1908

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

 

CHAPTER VII MISCELLANEOUS

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