In an arbitration of a commercial dispute, A claims ₹5 crore and B counterclaims ₹2 crore. The final…
For jurisdiction over commercial arbitration under section 12(2), add the pleaded claim and counterclaim. The aggregate is ₹5 crore + ₹2 crore = ₹7 crore. The later ₹4 crore…
Choose your answer
In an arbitration of a commercial dispute, A claims ₹5 crore and B counterclaims ₹2 crore. The final award grants A ₹4 crore. What aggregate determines jurisdiction under section 12(2) of the Commercial Courts Act?
Answer and explanation
Correct answer B
For jurisdiction over commercial arbitration under section 12(2), add the pleaded claim and counterclaim. The aggregate is ₹5 crore + ₹2 crore = ₹7 crore. The later ₹4 crore award does not replace this basis.
Option feedback
Option A
Five crores omits the counterclaim.
Option B
Five plus two equals seven crores, the statutory aggregate.
Option C
Three crores incorrectly nets the counterclaim.
Option D
Four crores is the award, not the pleaded aggregate.
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