(per Cheekati Manavendranath Roy, J.)
Pursuant to the order dated 23-8-2024 of a Division Bench of this
Court passed in C.R.P.No.1847 of 2024 referring the following questions
to a Larger Bench, this Full Bench is constituted to answer the questions
formulated by the Division Bench for reference:
A. Whether the Amendment Act No.28 of 2018, in respect of
Sections 2(1)(i) & 3(1A) of the Commercial Courts Act, 2015, by
itself amends the ‘specified value’ as ‘not less than three lakhs
rupees’, for the jurisdiction of the Commercial Court or it only
enables the Central Government & the State Government(s) to
do so, by notification specifying any amount, which shall not be
less than three lakhs, as ‘specified value’, and it is only after
such notification, the specified value shall stand amended ?
B. Whether the ‘specified value’ in Section 2(1)(i) in Commercial
Courts Act, 2015, as substituted by Act 28 of 2018 to the effect
“which shall not be less than Rupees three lakhs” in the place of
“which shall not be less than Rupees One Crore” shall be
operative and effective from
