https://www.taxtmi.com/caselaws?id=312032 Delhi HC dismissed petitioner's application seeking restoration of writ petition challenging loan recall notice. Court held that mere location of respondent corporation's registered office in Delhi insufficient to establish territorial jurisdiction under Article 226(2). Essential facts constituting cause of action - loan agreement executed in Jaipur and sub-lease deed for Udaipur property - occurred outside Delhi's territorial jurisdiction. Applying doctrine of forum convenience, court found Rajasthan HC better equipped to adjudicate the matter and declined to exercise discretionary jurisdiction. en-us Tue, 06 May 2014 00:00:00 +0530 Mon, 29 Jan 2024 15:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312032 Delhi HC dismissed petitioner's application seeking restoration of writ petition challenging loan recall notice. Court held that mere location of respondent corporation's registered office in Delhi insufficient to establish territorial jurisdiction under Article 226(2). Essential facts constituting cause of action - loan agreement executed in Jaipur and sub-lease deed for Udaipur property - occurred outside Delhi's territorial jurisdiction. Applying doctrine of forum convenience, court found Rajasthan HC better equipped to adjudicate the matter and declined to exercise discretionary jurisdiction. Case-Laws Indian Laws Tue, 06 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312032