Allowing an appeal in GSL (India) Ltd v Asset Reconstruction (India) Ltd & Ors, Bombay High Court held that the territorial jurisdiction of debt recovery tribunals (DRTs) does not depend on the place where the mortgaged property is situated.
The dispute digest is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.
