Telangana HC: ‘Specified Value’ and ‘Pecuniary Value’ Under Commercial Courts Act Serve Different Purposes

The Telangana High Court has clarified the distinction between "specified value" and "pecuniary value" under the Commercial Courts Act 2015, noting the former focuses on the commercial dispute's core while the latter determines a court's pecuniary jurisdiction. 

A Division Bench of Justices Moushumi Bhattacharya and Gidi Praveen Kumar dismissed a civil revision petition and held that the base threshold for specified value is ₹3 lakh post the 2018 amendment.

The Court rejected arguments that Telangana required a separate notification.

[M/s Janset Labs Pvt. Ltd. v. Agilent Technologies India Pvt. Ltd.]