Don’t miss the latest developments in business and finance.

Commercial court starts functioning in Vadodara

Image
Press Trust of India Vadodara
Last Updated : Jun 02 2016 | 10:28 PM IST
A Commercial Court has started functioning in the city and it will adjudicate matters of Rs 1 crore or above.
It started functioning from yesterday.
"The Court, established under the provisions of Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015, will exclusively adjudicate commercial matters of Rs 1 crore or above," said Rajendra Trivedi, an advocate and Chairman of Executive Committee of the Bar Council of Gujarat.
This Court is equivalent to a District Court, it said.
Shailesh Amin, another advocate, said, the Act is likely to reduce the burden of litigation on courts.

More From This Section

First Published: Jun 02 2016 | 10:28 PM IST

Next Story