For a government that likes report cards, the World Bank’s ease of doing business rankings has been a crucial grade. India’s recent spike in rankings has been attributed to business reforms introduced by this government since it took over. One such reform was the constitution of the designated commercial courts for dealing with commercial disputes of a specified value.
The government on May 3, 2018 promulgated the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Ordinance, 2018, amending the Commercial Courts Act. The ordinance introduced changes aimed at improving the ease of doing business ranking
The government on May 3, 2018 promulgated the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Ordinance, 2018, amending the Commercial Courts Act. The ordinance introduced changes aimed at improving the ease of doing business ranking
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper