Commercial matters valued at ₹3 lakh or more must go to commercial courts: Andhra Pradesh High Court

The Andhra Pradesh High Court has clarified that commercial matters valued at ₹3 lakh or more must be adjudicated by commercial courts. This ruling follows the reduction of pecuniary jurisdiction to ₹3 lakh by Ordinance No. 3 of 2018, later replaced by Central Act No. 28 of 2018. In a specific case, the High Court ruled that the execution petition involving ₹46,46,965 should be transferred to the Commercial Court in Visakhapatnam, overturning a prior district court's decision. This ensures that commercial disputes of significant value are handled by appropriate courts.