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december 1999

Supreme Court of India · 1999-12-15

H.V. JAYARAM vs INDT.CREDIT&INVST.CORP.OF INDIA LTD.&ORS

Citation / case number
SC 1998/20708
Court
Supreme Court of India
Petitioner
H.V. JAYARAM
Respondent
INDT.CREDIT&INVST.CORP.OF INDIA LTD.&ORS
Author
M.B.SHAH K.T.THOMAS
Bench
M.B.SHAH K.T.THOMAS

Judgment text excerpt

The Supreme Court held that a complaint under Section 113(2) of the Companies Act, 1956 can only be filed in the jurisdiction where the registered office of the company is located, not where the complainant resides. The Court affirmed the High Court's decision that the cause of action arises at the location of the company's head office, as per Section 53 of the Companies Act regarding service of documents. Consequently, the complaint was required to be returned for presentation before the proper court, upholding the High Court's ruling.

H.V. JAYARAM vs INDT.CREDIT&INVST.CORP.OF INDIA LTD.&ORS · Niyam