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Bank Of Baroda vs M/S P.M Cott Fibers
2022 Latest Caselaw 1788 MP

Citation : 2022 Latest Caselaw 1788 MP
Judgement Date : 8 February, 2022

Madhya Pradesh High Court
Bank Of Baroda vs M/S P.M Cott Fibers on 8 February, 2022
Author: Sujoy Paul
                                     1
     IN THE HIGH COURT OF MADHYA PRADESH AT JABALPUR
                                BEFORE
                    HON'BLE SHRI JUSTICE SUJOY PAUL
                                   &
               HON'BLE SHRI JUSTICE ARUN KUMAR SHARMA
                         ON THE 8th OF FEBRUARY, 2022

                    WRIT PETITION No. 1209 of 2022

         Between:-
         BANK     OF  BARODA    THROUGH     ITS
         AUTHORISED    OFFICER    AND    CHIEF
         MANAGER SHRI RAKESH BHATIA A BODY
         CORPORATE AND A BANKING COMPANY
         CONSTITUTED    UNDER   THE    BANKING
         COMPANIES(ACQUISITION AND TRANSFER
         OF UNDERTAKINGS) ACT, 1970 HAVING ITS
         HEAD OFFICE AT MANDVI BARODA AND A
         BRANCH AMONGST OTHERS AT SENDHWA
         BRANCH SITUATED AT KESHAVKUNJ WARD
         N. 07 INFRONT OF TELEPHONE EXCHANGE
         A.B ROAD SENDHWA (MADHYA PRADESH)

                                                                      .....PETITIONER
         (By Shri Rajesh Maindiretta, Advocate for the petitioner.)

         AND

1.       M/S P.M COTT FIBERS THROUGH ITS
         PARTNERS SHRI PRAKHAR MITAL SMT.
         REKHA MITTAL AND SHRI SHRI PRAKHAR
         MITTAL SITUATED AT 92/1/3 AND 92/3 A.B.
         ROAD NEAR BY PASS BRIDGE VILLAGE
         NAWALPURA TEHSIL SENDHWA DISTRICT
         BARWANI (MADHYA PRADESH)

2.       SMT. REKHA MITTAL W/O SHRI PRAKASH
         MITTAL OCCUPATION: ADULT H.NO-14,
         WARD NO.-10, SADAR BAZAR, SENDHWA,
         DISTRICT-BARWANI(MP) AND ALSO AT 92/1/3
         AND 92/3, A.B. ROAD, NEAR BY PASS BRIDGE,
         VILLAGE-NAWALPURA,       TEHSIL-SENDHYA,
         DISTRICT-BARWANI(MP)            (MADHYA
         PRADESH)

3.       SHRI    PRAKASH  MITTAL    S/O  SHRI
         RADHESHYAM MITTAL OCCUPATION: NIL
         H.NO-14, WARD NO.-10, SADAR BAZAR,
         SENDHWA,        DISTRICT-BARWANI(MP)
         (MADHYA PRADESH)

4.       SHRI PRAKHAR MITTAL S/O SHRI PRAKASH
         MITTAL OCCUPATION: NIL H.NO-14, WARD
         NO.-10, SADAR BAZAR, SENDHWA, DISTRICT-
         BARWANI(MP) AND ALSO AT 92/1/3 AND 92/3,
         A.B. ROAD, NEAR BY PASS BRIDGE, VILLAGE-
         NAWALPURA, TEHSIL-SENDHYA, DISTRICT-
         BARWANI(MP) (MADHYA PRADESH)
                                   2
5.       SHRI RADHESHYAM MITTAL S/O SHRI
         CHANGANLAL MITTAL OCCUPATION: NIL
         H.NO-14, WARD NO.-10, SADAR BAZAR,
         SENDHWA, DISTRICT-BARWANI(MP) AND
         ALSO AT 92/1/3 AND 92/3, A.B. ROAD, NEAR BY
         PASS    BRIDGE,       VILLAGE-NAWALPURA,
         TEHSIL-SENDHYA, DISTRICT-BARWANI(MP)
         (MADHYA PRADESH)

6.       DEBTS RECOVERY TRIBUNAL JABALPUR,
         THROUGH       ITS     REGISTRAR 797-11.
         SHANTIKUNJ, SOUTH CIVIL LINES, JABALPUR
         (MADHYA PRADESH)

                                                               .....RESPONDENTS
         (BY Shri Shekhar Sharma, Advocate for the respondents No.2 to 4)
                      (Heard through Video Conferencing)
      This petition coming on for territorial jurisdiction this day, JUSTICE
SUJOY PAUL passed the following:
                                     ORDER

Heard on the question of maintainability.

During the course of hearing, learned counsel for the parties fairly submitted that the property in question, loan transaction and Bank is situated at Barwani within the territorial jurisdiction of the Indore Bench.

Shri Rajesh Maindiretta submits that in view of the relief No.7(i), the petition can be entertained at Principal seat because a direction is prayed for against the Debt Recovery Tribunal situated at Jabalpur to decide the application for attachment filed by the petitioner/Bank. Thus, part of cause of action has arisen within the territory of this Bench.

Shri Maindiretta fairly submits that in case this Court is not inclined to entertain this petition and deems it proper to relegate the petitioner to approach the appropriate Bench (Indore Bench), the petitioner may be protected for a reasonable time so that they may file appropriate proceedings before the concerned Bench and argue their interim prayer.

Shri Shekhar Sharma, Advocate opposes the said prayer regarding the interim relief. Although, he raised the objection regarding territorial jurisdiction of the Principal Seat.

We have heard the parties on this aspect.

The Apex Court in the case of Kusum Ingots & Alloys Vs. Union of

India, (2004) 6 SCC 254 in para 30 has opined that:-

3 0 . We must, however, remind ourselves that even if a small part of c a us e of action arises within the territorial jurisdiction of the High Court, the same by itself may not be considered to be a determinative factor compelling the High Court to decide the matter on merit. In appropriate cases, the Court may refuse to exercise its discretionary jurisdiction by invoking the doctrine of forum conveniens.

In our opinion, it will be convenient for the petitioner and the

respondents to contest a litigation before the Indore Bench because both the them are residing within the territorial jurisdiction of said Bench. Thus, from the angle of convenience, expenses, travel etc., it will be apposite to relegate them to avail the said remedy before the Indore Bench. Thus, by applying the principle of 'forum convenience' and the judgment of Kusum Ingots (supra), we are inclined to hold that petitioner may approach the Indore Bench.

Resultantely, this petition is disposed of by reserving liberty to the petitioner to approach the appropriate Bench.

In the interest of justice, it is directed that if the petitioner file fresh proceedings before the Indore Bench/appropriate Bench during the course of this week, till their prayer for interim relief is considered by the Bench, the respondents shall not create any third party right or alienate the property in questions. The appropriate Bench will certainly consider the interim prayer and pass order in accordance with law on its own merits.

It is made clear that this Court has not expressed any opinion on the merits of the case.

Accordingly, this petition stands disposed of.

  (SUJOY PAUL)                                     (ARUN KUMAR SHARMA)

                                        JUDGE       JUDGE
                                   pn




Signature Not Verified
  SAN




Digitally signed by PANKAJ NAGLE
Date: 2022.02.09 10:16:10 IST
 

 
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