High Court Enforces Rs. 50,00,000 Appeal Threshold Retroactively, Affecting Pending Cases' Eligibility for Hearing.

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....Monetary limit - maintainability of appeal - litigation for approaching the High Court shall be of a minimum value of ₹ 50,00,000/- - this Court is aware of the fact that the circular was considered by the Apex Court and in terms of the contents of such circular, it has been held that the same is having retrospective application i.e. in respect of the pending litigations as well....