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A dealer in Pune sells goods to a buyer in Chennai and the buyer wrongly refuses to pay. The seller files a suit for the price. Which court structure applies to such a civil dispute under the Indian regulatory framework?

A suit for price of goods is a civil matter filed in the civil courts, which function below the High Court of the state, with appeals going to the High Court and ultimately the Supreme Court. Regulators like SEBI or the Registrar of Companies do not adjudicate it.

  1. AA civil suit is filed in the civil courts, which are subordinate to the High Court of the state, with appeals possible up to the Supreme CourtCorrect
  2. BOnly the Supreme Court can hear it as a court of first instance
  3. COnly SEBI can decide it as a regulator
  4. DOnly the Registrar of Companies can adjudicate it

Explanation

Ordinary civil disputes over price of goods go to civil courts, which sit under the High Court of the state, with appeal routes to the High Court and then the Supreme Court. The Supreme Court is not the first forum for ordinary commercial disputes. SEBI and the Registrar of Companies have no power to decide such private sale disputes.

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