Territorial jurisdiction for share certificate default lies at the company's registered office, not where shares were purchased.

The territorial jurisdiction for a complaint alleging default in delivery of share certificates under the Companies Act lies where the company's registered office is situated, because that is where the statutory obligation is performed and the cause of action for default arises. Mere purchase of shares at Hyderabad or dispatch of notices from Hyderabad did not confer jurisdiction on the Special Judge there, since the alleged default concerned a company with its registered office in Mumbai. The complaint was therefore outside the Hyderabad court's jurisdiction and had to be returned for presentation before the proper court.

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Issues: Whether the Special Judge at Hyderabad had territorial jurisdiction to entertain a complaint alleging default in delivery of share certificates under the Companies Act.

Analysis: The complaint related to non-delivery of share certificates after transfer request. The governing provisions require delivery of share certificates in accordance with the statutory mode of service, including posting at the company's registered office. On that basis, the place where the company's registered office is situated is the place where the statutory obligation is performed and where the cause of action for default arises. Mere purchase of shares at Hyderabad or dispatch of notices from Hyderabad did not shift jurisdiction, because the complaint alleged default by a company whose registered office was at Mumbai.

Conclusion: The Special Judge at Hyderabad had no jurisdiction to entertain the complaint, and the complaint was to be returned for presentation before the proper court.

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