Shimla, 14th November 2024
The Placement Assistance Cell of Himachal Pradesh National Law University (HPNLU), Shimla, under the aegis of Prof. (Dr.) Priti Saxena, Vice-Chancellor, HPNLU, organized a highly enriching Industry Expert Lecture on the topic “An Overview of the Commercial Court Act, 2015: History and Implementation”. The lecture was delivered by Mr. Rajeev Rambhatla, Partner at Luthra and Luthra Law Offices, Hyderabad, and was attended by undergraduate law students from the second, third, and fourth years.
The event was held on 14th November 2024 at the university campus and aimed to provide students with a comprehensive understanding of the Commercial Court Act, 2015, a crucial piece of legislation that has reformed the landscape of commercial dispute resolution in India.
Mr. Rambhatla, a distinguished expert in the field of commercial law, began his lecture by providing historical context to the enactment of the Commercial Courts Act, 2015. He elaborated on the urgent need for fast-tracking commercial litigation in India, citing the challenges faced by businesses due to prolonged delays in dispute resolution. He explained how the Act was introduced to ensure time-bound resolution of commercial disputes, thereby enhancing India’s position as an attractive destination for investment and business.
Mr. Rambhatla delved into the critical aspects of the Commercial Court Act, discussing its provisions in detail, such as the establishment of specialized commercial courts, the procedure for expedited hearings, and the enhanced role of judges with expertise in commercial matters. He emphasized the importance of effective implementation and the challenges faced in ensuring that the Act’s objectives are met in practice.
Through his address, Mr. Rambhatla illustrated the practical implications of the Act for legal professionals, especially those involved in commercial litigation, and provided valuable insights into how law students can prepare themselves for a career in this burgeoning area of law. He also highlighted key judicial precedents that have shaped the interpretation and application of the Act.
Following the lecture, an engaging interactive session was held where students had the opportunity to ask questions and seek clarifications from Mr. Rambhatla. The students demonstrated keen interest, raising questions related to the nuances of the Act’s provisions, its implementation challenges, and the evolving nature of commercial disputes in India. Mr. Rambhatla responded to the queries with great depth, providing practical insights and offering guidance to students aspiring to pursue careers in commercial law.
The event concluded with a vote of thanks delivered by Dr. Praveen Kumar, Chairperson of the Placement Assistance Cell, HPNLU, Shimla. The Placement Assistance Cell of HPNLU remains committed to organizing such events in the future, enabling students to develop a deeper understanding of the evolving legal landscape and equipping them for successful careers in the legal profession.
