The pecuniary value, on the other hand, highlights the competence of the Court for trying such a commercial suit. The specified value is not ₹1 crore as the amount prayed in the plaint is bifurcated into components, i.e. Section 12 only aids the quantification of the 'Specified Value' in different classes of suits, by providing pointers for determining the 'Specified Value' of the subject matter of a commercial dispute. The bench noted that the expression 'Specified Value' u/s 2(1)(i) of the CC Act is different from the expression 'Pecuniary Value' u/s 3 (1A) of the CC Act. While 'Specified Value' is the litmus test concerning the value of the dispute, the 'Pecuniary Value' demarcates the capability of the receiving Court.