R.M.SAVANT
ICICI Bank Limited – Appellant
Versus
Anil Printers Limited – Respondent
1. Admit. With the consent of the Learned Counsel for the parties heard forthwith.
2. The Revisionary Jurisdiction of this Court is invoked against the order dated 02.05.2015 passed by the Learned 7th Joint Civil Judge Senior Division, Nashik, by which order the application Exh.19 filed by the Applicant herein i.e. Defendant No.1 to the suit in question invoking Section 9A of the CPC to question the jurisdiction of the Civil Court came to be rejected and the Trial Court ruled that it has jurisdiction to try and entertain the suit in question.
3. The facts which are necessary to be cited for the adjudication of the above Civil Revision Application can in brief be stated thus. The parties would be referred to as per their status in the suit. The Plaintiff i.e. the Respondent No.1 herein is having a printing industry and has factories in Satpur, Ambad and Gonde in Nashik District. The Plaintiff applied for various loan facilities including Working Capital Credit Facility to the Defendant No.1 i.e. Applicant herein. The Plaintiff was granted Working Capital Credit Facility to the tune of Rs.6,00,00,000/ (In short “WC Facility”), Non Fund Based Credit Facility by way of Letter o
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