ORDER :

1. This application under Section 24 of CPC is filed by the petitioners seeking transfer of Commercial Suit No. 15 of 2020 on the file of the Special Court for trial and disposal of Commercial Disputes, Ibrahimpatnam, Vijayawada, to the Court of Special Judge for trial and disposal of Commercial Disputes, Visakhapatnam, on the ground that the Special Court for trial and disposal of Commercial Disputes, Vijayawada, has no territorial jurisdiction to entertain the said suit.

2. Heard learned counsel for the petitioners and learned counsel for the respondent.

3. The petitioners are the defendants in Commercial Suit No. 15 of 2020 on the file of the Special Court for trial and disposal of Commercial Disputes, Vijayawada. The respondent herein is the plaintiff in the said Suit. He has filed the said suit for recovery of a sum of Rs.1,47,32,525/- from the defendants in the said suit. The petitioners, who are the defendants, have taken a plea in the said suit that the Commercial Court in Vijayawada has no territorial jurisdiction to entertain the said suit. According to the defendants, the property relating to the said transaction is situate in Santhabommali, Srikakulam District, and