LCI Learning
New LIVE Course: Toxicology and Law. Batch begins 21st July. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Manan (Student)     05 September 2012

Jurisdiction

Say a company is registered in London,

A person in India has shares in that company. The person is owner of a company which is the investment vehicle for the company in london for investments in India.

The person got the funds for purchase by generating euquity shares of the Indian comapany.

An incident occurs outside India which causes loss to the shareholder 

Now the after filing suits and appeals, there is this special writ petition in the Hon'ble Supreme court

Now my confusion is that ,

1) Where will be the jurisdiction? ie Indian company law or english laws?

2) If India will section 20 of cpc suffice?

3) Also assuming that assuming that some one from the England misrepresentated the Indian person and caused him loss, now in the tort of deciet, where and how will the "choice of law"operate? will it be, again Indian law or English law? 



 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register