Union Parliament passed Bill to create Commercial Benches in High Courts

The Lok Sabha has passed the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Bill, 2015 which the government claimed would help bring in big foreign investments into the country and improve India’s global image on ease of doing business. The measure will help set up commercial benches in selected high courts to settle high value commercial disputes.

The demand was first made by the BJP’s Kirti Azad which was later supported by other members. The bill was, however, opposed by the BJD and RSP saying that it accorded special treatment and speedier justice for high-value commercial disputes and nothing for the common man.

Key Points:

• Union law minister: Sadananda Gowda