Commercial Court: Commercial Dispute specified value of nature cases are listed below;
All Money recovery, Suits related Movable & Immovable property, intangiblerights related to commercial disputes and definition as follows:-commercial suits/disputes such as dispute arising out ofโโ
(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 includingoutsourcing 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.โโA commercial dispute shall not cease to be a commercial dispute merely
becauseโ
(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;
Pecuniary Juris:-
3,00,000/- to 1,00,00,000/- in Commercial Courts
above 1,00,00,000/- in High Court Commercial Division.
Commercial Court Lawyers
Find the Best Commercial Court Lawyers in Chennai Tamil Nadu India