Querist :
Anonymous
(Querist) 03 September 2011
This query is : Resolved
The bank has filed Original Application before DRT Lucknow under section 19 of the Recovery of Debts Due to the Bank and Financial Institutions Act, 1993 for Recovery of its dues against our company. The loan was given by Dehradun Branch of the bank, the factory is also in dehradun for which the loan was given.But the registered office of the company(defandant)is in Chandigarh, the place of residence of Directors (Defandants)is also Chandigarh. Since the defandants are of Chandigarh Whether DRT Lucknow or DRT Chandigarh will have territorial jurisdiction
prabhakar singh
(Expert) 03 September 2011
IF DRT Lucknow enjoys jurisdiction in respect of Dehradun,then nothing is wrong about jurisdiction as the factory is also there.
ajay sethi
(Expert) 03 September 2011
i agree with mr prabhakar singh
Advocate. Arunagiri
(Expert) 03 September 2011
The branch which had extended the loan, enjoys the jurisdiction.
Kiran Kumar
(Expert) 03 September 2011
perfectly advised by the experts.
mere the office of company will not confer the jurisdiction at Chandigarh.
Raj Kumar Makkad
(Expert) 03 September 2011
I do agree with experts.
M/s. Y-not legal services
(Expert) 04 September 2011
You just appoint an advocate. He will take care of your case. After knowing the territorial jurisdiction straightly are you going to filing or arguements?
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