commercial court

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commercial court

part of the HIGH COURT that deals with actions arising out of the transactions of merchants and traders, especially actions relating to mercantile documents, export and import matters and cases arising from agency banking and insurance; a separate jurisdiction in Scottish courts whereby cases are very actively managed and expedited.
Collins Dictionary of Law © W.J. Stewart, 2006
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In case a dispute is accepted, the concerned parties will first try and reach an amicable solution through negotiations, however, in case the parties fail to reach a solution, the commission may refer the case to High Court, Commercial Bench, based on the quantum of dispute or refer to Mediation/Conciliation, arbitration.
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