Capital First Limited v. Monotona Tyres Limited And 9 ORS

909-LPETN63-18.DOC Arun

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS COMMERCIAL DIVISION LEAVE PETITION NO. 63 OF 2018 IN COMMERCIAL SUIT (L) NO. 310 OF 2018 Capital First Limited

...Petitioner

Versus

Monotona Tyres Limited & Ors

...Respondents

Megha Chandra, with Ms Madhu Gadodia, Ms MP Priyanka, Nikhil Jangid, i/b Naik Naik & Company, for the Petitioner. CORAM: G.S. PATEL, J DATED:

13th March 2018 PC:- 1.

The Petition is for leave under Clause XII of the Letters Patent. The Suit is for recovery of an amount under a facility agreement. A material part of the cause of action has arisen in Mumbai where the money was advanced and was repayable. Some of the Respondents are outside Mumbai. With leave granted under Clause XII of the Letters Patent, this Court will have the necessary jurisdiction to entertain and try the suit.

2.

Leave granted. The Petition is made absolute. (G. S. PATEL, J) 13th March 2018