Business Standard

Friday, December 20, 2024 | 10:41 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Commercial Court

HC asks officials to respond to plea to set 42 commercial courts in Delhi

The Delhi High Court on Friday sought the responses of its administrative side, the city government and the Centre on a petition seeking directions to set up 42 more commercial courts in the national capital to ensure a speedy redressal of commercial cases. A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad issued notices to the high court through the registrar general, the Delhi government and the Centre and granted four weeks' time to file their replies on the plea moved by advocate Amit Sahni. The public interest litigation (PIL) matter has sought directions to authorities to set up 42 commercial courts, as notified by the Delhi government on April 13, 2021 in furtherance of its cabinet decision of March 22, 2021. "The efficiency of the legal system and the time taken to resolve commercial disputes are extremely important factors in deciding the growth of investment and overall economic and social development of the nation. "The delay caused in the ...

HC asks officials to respond to plea to set 42 commercial courts in Delhi
Updated On : 17 Mar 2023 | 2:27 PM IST

No Sebi nod needed: Adani Group counters NDTV promoters' defence

VCPL said the contentions raised by RRPR Holdings in a letter are baseless, legally untenable and devoid of merit.

No Sebi nod needed: Adani Group counters NDTV promoters' defence
Updated On : 26 Aug 2022 | 10:46 PM IST

Commercial courts: Little progress on speedy case disposal seven years on

Experts say taking a leaf out of the book of foreign justice systems may help address the problems these courts are facing

Commercial courts: Little progress on speedy case disposal seven years on
Updated On : 17 Jul 2022 | 5:50 PM IST

Insolvency regulator working to bring mediation in insolvency cases

A source privy to IBBI's discussion said mediation might address the issue of courts delaying the insolvency process.

Insolvency regulator working to bring mediation in insolvency cases
Updated On : 27 Jun 2022 | 7:49 PM IST

Ease of Doing Biz: Ordinance on commercial courts may not improve ranking

The courts and commercial divisions set up under the same, consequently, do not have more than two years of experience

Ease of Doing Biz: Ordinance on commercial courts may not improve ranking
Updated On : 13 May 2018 | 9:30 PM IST