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Present: Sh. Sachin Garg Advocate for the plaintiff.

Defendant not served.

Advocates are abstaining from work today on the issue of Pecuniary Jurisdiction.

Proxy Counsel form the Bar.

Heard arguments on the aspect of territorial jurisdiction. This suit for recovery of Rs.8,63,527.64p (Rupees Eight Lacs, Sixty Three Thousand, Five Hundred Twenty Seven and Sixty Four Paise only) along with the interest @ 17.50 % P.A. has been filed by the plaintiff bank having its Corporate Office at Mumbai, registered office at Vadodra and Branch Office at Videocon Tower, Jhandewalan Extension. The short issue which has arisen before this Court at this preliminary stage is regarding the territorial jurisdiction of this Court to try the suit. This issue becomes relevant because Territorial Jurisdiction is the Courts power to bind the parties to the action and it is this law which determines the scope of the power of the Courts constituted under law.