Transfer of pending cases.

All suits and proceedings of a civil nature wherein the subject matter exceeds in amount or value of Rs. 2,00,000 but does not exceed the value or amount as may be specified by the High Court, by notification, from time to time under section 14, pending in a Court of Senior Civil Judge shall, after such specification by notification, stand transferred to and be disposed of by a Civil Judge within the local limits of his ordinary jurisdiction.