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Bombay High CourtLPETN/138/2019absolute

Good Value Inancial Services Pvt. Ltd. v. P And P Associates

2019-08-26Hon'Ble Shri Justice R. I. Chagla2 pages

59-LPETN-138-19.doc Sharayu Khot.

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION LEAVE PETITION NO. 138 OF 2019 IN COMMERCIAL SUMMARY SUIT (L) NO. 854 OF 2019 Good Value Financial Services Pvt.Ltd.

...Petitioner

Versus

P & P Associates

...Respondent

---------- Mr. Rohan Bangar, i/by Mr. Abhishek Adke, for the Petitioner. ---------- CORAM :

R.I. CHAGLA J.

DATE :

26 August 2019 ORDER :

1.

This Petition is under Clause XII of the Letters Patent. The proposed Suit is for repayment of loan facility which had been granted by the Petitioner to the Respondent.

2.

The Petitioner's registered office is at Mumbai. The loan is to be repaid in Mumbai. It is only the Respondent's office which is situated outside Mumbai.

1 / 2 August 26, 2019

59-LPETN-138-19.doc 3.

I am satisfied that the material part of cause of action having arisen within the jurisdiction of this Court, with leave granted under Clause XII of the Letters Patent, this Court will have jurisdiction to entertain and try the Suit.

4.

Leave granted. The Petition is made absolute. [R.I. CHAGLA J.] 2 / 2 August 26, 2019