1997 (12) TMI 540

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....ismissed the complaint filed by Mrs. Sucheta against Unit Trust of India holding that it had no territorial jurisdiction to entertain the complaint. Mrs. Sucheta resident of Jalandhar Cantt. purchased 1500 master shares of Unit Trust of India from the secondary market. The same were despatched to M.M. Dastur & Co., an authorised agent of Unit Trust of India for effecting transfers. This was done in May 1994. The complainant received bonus shares for 900 shares and the complainant is yet to receive bonus shares for 600 shares, i.e., 120 shares are yet to be received. In spite of sending several reminders, she did not receive the bonus shares as stated above and, thus, she filed the complaint. Without getting reply from the Unit Trust of I....

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.... acquiesce in such institution; or (c)the cause of action, wholly or in part, arises." Clauses (a) and (b) of section 11(2) as produced above of course provides for existence of head office or branch office of opposite party within the territorial jurisdiction of the District Forum to enable the complainant to file the complaint. However, in the present case, admittedly the opposite parties are not having Head Offices or Branch Offices within the territorial jurisdiction of District Forum, Jalandhar. It is clause (c) of section 11(2) which is for consideration. In case cause of action or part thereof has arisen within the territorial jurisdiction of District Forum, Jalandhar, the complaint could be filed therein. 3. Accrual of c....