Tag: Disputes arising out of immovable property
October 25, 2019
Corporate Law
Corporate Law
Are Disputes arising out of Immovable Property consider...
In one of its recent judgements, Ambalal Sarabhai Enterprises Limited versus K.S. Infrasapce LLP and Other[1], the Supreme Court has pronounced that for an immovable property to fall under the scope of the Commercial Courts Act, 2015 ("CC Act"), such immovable property must be "used exclusively" or must be considered as "being used exclusively" in trade or commerce....