Do not encourage attempts to circumvent statutory remedies: Supreme Court to High Courts dealing with commercial matters

The Court took judicial notice that the Punjab & Haryana High Court was repeatedly interfering in commercial matters despite alternative statutory remedies being available.
Justice Sanjiv Khanna and Justice MM Sundresh
Justice Sanjiv Khanna and Justice MM Sundresh
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2 min read

The Supreme Court on Monday made it clear that High Courts are to exercise their jurisdiction in commercial matters only in extraordinary circumstances. [South Indian Bank Ltd and ors v Naveen Mathew Phillip and anr etc etc].

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