Trans Orbit Global Logistics (Pvt) Ltd vs. People’s Bank – sllr 2021 volume 1 page 204

In the case between Trans Orbit Global Logistics (Pvt) Ltd and People’s Bank, the court addressed whether the Commercial High Court possessed jurisdiction to hear an action arising from an alleged negligent fund transfer by a bank. It was held that claims concerning the conduct of banking transactions fall under “commercial transactions” within the statutory framework, regardless of delictual elements. The decision reaffirmed the principle that the High Court’s jurisdiction encompasses actions arising out of commercial banking operations, as defined in the governing statutes and schedule. The ruling overturned the High Court’s earlier dismissal for lack of jurisdiction, clarified that banking-related disputes are subject to the Commercial High Court, and awarded costs accordingly.

De Silv