Fast-track courts help the cause of infra cases
ECONOMY & POLICY

Fast-track courts help the cause of infra cases

In a move that comes as a boost to India's chances of further improvement in the World Bank ease of doing business rankings, 22 out of 25 High Courts in the country have operationalised designated fast track courts to adjudicate disputes related to infrastructure project contracts.

Justice Secretary Barun Mitra recently informed cabinet Secretary Rajiv Gauba that 22 of the high courts have operationalised these specially designated courts. Some of them set special days every week for exclusive handling of relief matters on infrastructure project contracts.

The special courts of Calcutta, Allahabad, MP and Karnataka within the jurisdiction of the respective HC, have dedicated special days every week to enable exclusive handling of relief matters pertaining to infrastructure contracts, said Mitra.

The law ministry has been entrusted with the task of improving India's ranking on the "enforcing contract" aspect of the ease of doing business ranking. The ministry has been in regular touch with each of the high courts to ensure that separate commercial benches of the HCs and district courts under them are set up to expedite resolution of commercial disputes.

Last month, a review meeting was held on "enforcing contracts", chaired by the justice secretary and attended by other members of the task force constituted for improving India's World Bank ranking. The task force includes members from the department of legal affairs and the high courts of Calcutta, Delhi, Bombay, Karnataka and department for the promotion of industry and internal trade (DPIIT). The e-Committee of the Supreme Court is also a member of the task force.

In 2020, India ranked 63rd overall in the World Bank's ease of doing business ranking, a significant jump from the 130th position it held out of 190 countries in 2016. To further expedite time-bound disposal of commercial cases, the government has created 42 additional posts of higher judicial services in Delhi HC.

Image Source

In a move that comes as a boost to India's chances of further improvement in the World Bank ease of doing business rankings, 22 out of 25 High Courts in the country have operationalised designated fast track courts to adjudicate disputes related to infrastructure project contracts. Justice Secretary Barun Mitra recently informed cabinet Secretary Rajiv Gauba that 22 of the high courts have operationalised these specially designated courts. Some of them set special days every week for exclusive handling of relief matters on infrastructure project contracts. The special courts of Calcutta, Allahabad, MP and Karnataka within the jurisdiction of the respective HC, have dedicated special days every week to enable exclusive handling of relief matters pertaining to infrastructure contracts, said Mitra. The law ministry has been entrusted with the task of improving India's ranking on the enforcing contract aspect of the ease of doing business ranking. The ministry has been in regular touch with each of the high courts to ensure that separate commercial benches of the HCs and district courts under them are set up to expedite resolution of commercial disputes. Last month, a review meeting was held on enforcing contracts, chaired by the justice secretary and attended by other members of the task force constituted for improving India's World Bank ranking. The task force includes members from the department of legal affairs and the high courts of Calcutta, Delhi, Bombay, Karnataka and department for the promotion of industry and internal trade (DPIIT). The e-Committee of the Supreme Court is also a member of the task force. In 2020, India ranked 63rd overall in the World Bank's ease of doing business ranking, a significant jump from the 130th position it held out of 190 countries in 2016. To further expedite time-bound disposal of commercial cases, the government has created 42 additional posts of higher judicial services in Delhi HC. Image Source

Next Story
Infrastructure Energy

Oil Prices Rise Amid Iran-Israel Tensions Despite Record U.S. Output

Oil prices increased due to reports that Iran was preparing a retaliatory strike on Israel from Iraq, although record output from the United States tempered these gains. Brent crude futures rose by 29 cents, or 0.4%, to settle at $73.10 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 23 cents, or 0.3%, closing at $69.49. Both benchmarks had reached session highs of over $2 a barrel earlier in the day. Analyst Ole Hvalbye from SEB Research commented that any Iranian response might be restrained, similar to Israel's limited strike from the previous weekend, suggesting that such a..

Next Story
Infrastructure Urban

South and Southeast Asia to Invest Over $20 Billion in EV Development

A recent report by S&P Global Ratings projects that South and Southeast Asia will invest over $20 billion in electric vehicle (EV) development in the coming years, with India poised to attract significant EV-related investments. The report highlights India's vast market potential as a key driver for this growth. According to the report, the Tata and JSW groups are expected to invest over $30 billion in EVs and EV materials over the next decade, with approximately $10 billion allocated specifically for projects in South and Southeast Asia. The adoption of electric vehicles in India is anticip..

Next Story
Infrastructure Urban

India and Saudi Arabia Explore Collaboration in Emerging Sectors

India and Saudi Arabia are exploring partnerships in emerging fields such as fintech, new technologies, energy efficiency, clean hydrogen, textiles, and mining to strengthen trade and investment ties, an official statement revealed on Friday. The discussions took place during Commerce and Industry Minister Piyush Goyal's visit to Riyadh, where he co-chaired the second meeting of the Economy and Investment Committee under the India-Saudi Strategic Partnership Council (SPC) with Saudi Energy Minister Abdulaziz bin Salman Al-Saud on October 30. These sectors were identified as high-potential are..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000