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2017 (4) TMI 307 - HC - Indian LawsPlace of convenience - Designated Court selection - alternative statutory remedy - Held that:- The convenience of the parties are required to be considered. The convenience would include the existence of more appropriate forum, expenses involved, the law relating to the lis, verification of certain facts which are necessitous for just adjudication of the controversy and such other ancillary aspects. The place of convenience is also required to be taken into consideration. It would be appropriate on the part of this Court to relegate the petitioners to appropriate Court at Maharashtra including the Court designated under the MPID Act, as may be advised, on the principle of forum conveniens without entering into the merits of the contentions raised in these petitions. However, liberty is reserved to the petitioners to raise all such contentions before such Court. For the aforesaid reasons, all these petitions are not entertained. Letters Patent Appeals are also disposed of by modifying the order dated 24.02.2015 passed by the learned Single Judge in Special Civil Application No.4689 of 2014 and allied matters to the extent of reserving liberty to the petitioners to move an appropriate Court at Maharashtra including the court designated under the MPID Act, as may be advised. However, it is clarified that though the contentions of the parties are recorded in this judgment, no opinion is expressed on merits thereof since it may affect any of the parties before any other forum.
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