https://www.taxtmi.com/caselaws?id=109450 A contractual forum clause excluding competing jurisdiction must be expressed in clear, exclusive terms; a bare reference to English courts did not oust the Lucknow forum where part of the cause of action arose through the documentation, sanction process and mortgaged property. The court also restated that writ jurisdiction should not be used where an effective statutory appeal exists under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, absent patent lack of jurisdiction or breach of natural justice. The deposit condition for appeal did not justify bypassing that remedy, and the parties were left to pursue the statutory appeal. en-us Thu, 23 Oct 2003 00:00:00 +0530 Tue, 10 Apr 2012 12:49:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109450 A contractual forum clause excluding competing jurisdiction must be expressed in clear, exclusive terms; a bare reference to English courts did not oust the Lucknow forum where part of the cause of action arose through the documentation, sanction process and mortgaged property. The court also restated that writ jurisdiction should not be used where an effective statutory appeal exists under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, absent patent lack of jurisdiction or breach of natural justice. The deposit condition for appeal did not justify bypassing that remedy, and the parties were left to pursue the statutory appeal. Case-Laws Companies Law Thu, 23 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109450