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    <description>Specialised Commercial Division benches in High Courts are to hear high value commercial disputes and specified arbitration challenges; jurisdiction depends on a &quot;specified value&quot; threshold determined by valuation rules that include interest to filing date for monetary claims and market value principles for movable, immovable and intangible rights. The Division decides preliminary questions of commercial character or value, applies an overriding valuation regime, and follows a fast track procedure with case management, mandatory document and affidavit filings, electronic service, time bound evidence and judgment pronouncement, and appeals to the Supreme Court.</description>
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