1. The State Bank of India has filed the present application under Ss. 22 and 23(3) read with Sec. 151 of the Code of Civil Procedure for transfer of Suit No. 844 of 1972 pending in the Court of the Subordinate Judge Ist Class, Ballabhgarh, to the Court of the Subordinate Judge at Alipore, District 24 Parganas (West Bengal). It is alleged in the application that the petitioner-Bank through its Ballyguange Branch at Calcutta advanced to one Messrs. Sakow Industries (Private) Limited (hereinafter referred to as the `said Company ) various types of loans amounting to about Rs. 53 lakhs for the Industrial units of the said Company in Calcutta in the State of West Bengal and Faridabad in the State of Haryana. The said loans also included the loans advanced to Messrs. Tochi and Asavari carrying on business at 36, Industrial-cum-Housing Estate, Faridabad. These concerns were owned by Shri S.P. Mehta, who is Director of the said Company. All the liabilities of the loans were taken over by the said Company later on. It is also alleged in the petition that the loans advanced to the said Company were personally guaranteed by its two Directors, namely, Shri S.P. Mehta and Shrimati Nirm