Time taken to resolve commercial cases in India down nearly 50%: Report

Even though India's overall ranking in 'Ease of doing business' had improved from 142 in 2014 to 63 in 2020, on the 'enforcement of contracts' it improved marginally from 186 in 2014 to 163 in 2020

The average time courts take to dispose of a commercial case has reduced from 1,445 days in 2020 to 626 days in 2022--a 50 per cent improvement, said a media report on Monday citing Law Ministry data.

Such cases have some transaction or trade involved. "Commercial suits include suit arising out of the ordinary transactions of merchants, bankers and traders; and amongst others those relating to the construction of mercantile documents, export or import of merchandise, affraightment, carriage of goods by land, sea or air insurance, banking and mercantile agency and mercantile usages," says the Delhi High Court website.

The