https://www.taxtmi.com/highlights?id=85788 HC determined that petitioners improperly engaged in forum shopping by filing a second petition challenging ICICI Bank's fraud classification of their accounts. Since petitioners' transactions, OTS proposals, and communications occurred with ICICI's New Delhi branch, and initial writ petition was filed in Delhi HC, the cause of action clearly fell within Delhi HC's territorial jurisdiction. Despite petitioners' attempts to justify filing in another jurisdiction based on bank's corporate office location, the forum conveniens was conclusively Delhi HC. The petition was disposed of, directing petitioners to pursue their grievances before the appropriate forum of Delhi HC. en-us Mon, 17 Feb 2025 08:48:33 +0530 Mon, 17 Feb 2025 08:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=85788 HC determined that petitioners improperly engaged in forum shopping by filing a second petition challenging ICICI Bank's fraud classification of their accounts. Since petitioners' transactions, OTS proposals, and communications occurred with ICICI's New Delhi branch, and initial writ petition was filed in Delhi HC, the cause of action clearly fell within Delhi HC's territorial jurisdiction. Despite petitioners' attempts to justify filing in another jurisdiction based on bank's corporate office location, the forum conveniens was conclusively Delhi HC. The petition was disposed of, directing petitioners to pursue their grievances before the appropriate forum of Delhi HC. Highlights Companies Law Mon, 17 Feb 2025 08:48:33 +0530 https://www.taxtmi.com/highlights?id=85788