Question
What happens to suits and applications, including those
under the Arbitration and Conciliation Act, 1996, related to a commercial dispute of a Specified Value pending in a High Court where a Commercial Division has been constituted as per the provisions of the Commercial Courts Act?Solution
Section 15. Transfer of pending cases: (1) All suits and applications, including applications under the Arbitration and Conciliation Act, 1996, relating to a commercial dispute of a Specified Value pending in a High Court where a Commercial Division has been constituted, shall be transferred to the Commercial Division.
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