The Government, in its efforts to ensure the swift, effective, and cost-efficient resolution of commercial cases, enacted the Commercial Courts Act, 2015, which was later amended in 2018. Since then, the Government of India has taken several legislative and policy measures to strengthen the country’s dispute resolution system. The Department of Legal Affairs is currently considering additional amendments to the Commercial Courts Act, 2015.
The proposed amendments aim to further accelerate and specialize the adjudication of commercial disputes, while simplifying the procedures related to their resolution in courts.
In this context, the Commercial Courts (Amendment) Bill, 2024, along with a tabular statement comparing the existing provisions with the proposed amendments, has been prepared.
The Department invites public comments and feedback as part of the consultation process on the draft amendments. The draft Bill and tabular statement can be accessed at https://legalaffairs.gov.in/. Comments on the draft Bill should be emailed to avnit.singh[at]gov[dot]in and ndiac-dla[at]gov[dot]in by 22.11.2024.