JUDGMENT :

UJJAL BHUYAN, J.

1. We have heard Mr. V.V. Ramana, Mr. T. Vijay Kumar, Mr. P. Nagendra Reddy, Mr. D. Raghavulu, Ms. P. Hamsa Durga, Ms. Mohana, Mr. Venkatesh and Mr. G.K. Deshpande, learned counsel for the petitioners. Also heard Mr. Ch. Srinivas, Mr. K. Viswanadham, Mr. A. Krishnam Raju and Mr. Maruti Jadav, learned counsel for the respondents.

2. On our request, Mr. B.S. Prasad, learned Advocate General for the State of Telangana had appeared and assisted us in the hearing.

3. The core issue which has arisen for consideration in this batch of writ petitions was summed up by this Court in the order dated 03.12.2021 passed in Writ Petition No. 31871 of 2021. Therefore, relevant portion of the order dated 03.12.2021 is extracted hereunder:

“Learned counsel for the petitioners to examine as to whether this court would have territorial jurisdiction to entertain the writ petition.

We may mention that the loan transaction had taken place at Dharmavaram in the State of Andhra Pradesh. The borrowers and the bankers are also at Dharmavaram, so also the guarantors. For administrati