Gupta, Akash and Agrawal, Mahi
(2025)
The Commercial Courts (Amendment) Bill, 2024 : a pathway to efficient dispute resolution in India.
Indian Women in International Arbitration, India.
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Abstract
The Government of India enacted the Commercial Courts Act in 2015, with an aim to ensure the resolution of commercial cases expeditiously, efficaciously, and at a reasonable cost. The Act was amended in 2018 to introduce various provisions such as mandatory pre-institution mediation, the establishment of commercial courts at the district level, and the reduction of pecuniary jurisdiction from one crore rupees to three lakh rupees. These amendments aimed to improve India’s ranking in the World Bank’s ‘Doing Business Report’, which considers the dispute resolution environment as one of the key parameters for assessing business friendliness. It is evident that the legislature is proactively trying to broaden the scope of the Act by enabling the courts to handle commercial disputes more effectively, encouraging out-of-court settlements, and creating an investment-friendly environment in India. With this aim, the Department of Legal Affairs proposed the Commercial Courts (Amendment) Bill, 2024, to further expedite the commercial dispute resolution process and simplify applicable procedures. While the proposed bill is well-thought and well-intentioned, it leaves rooms for addressing certain additional areas in greater detail.This blog aims to highlight the gaps in the bill that require further consideration.
Item Type: | Other |
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Subjects: | Social Sciences and humanities > Social Sciences > Law and Legal Studies |
JGU School/Centre: | Jindal Global Law School |
Depositing User: | Mr. Luckey Pathan |
Date Deposited: | 07 Sep 2025 09:52 |
Last Modified: | 07 Sep 2025 09:52 |
Official URL: | https://blogiwia.wordpress.com/2025/02/18/the-comm... |
URI: | https://pure.jgu.edu.in/id/eprint/10066 |
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