IN THE HIGH COURT AT CALCUTTA CIVIL REVISIONAL JURISDICTION APPELLATE SIDE Before:

The Hon’ble Justice Hiranmay Bhattacharyya C.O. 1741 of 2025 NCDEX e Markets Limited Vs.

Authorised Officer, Canara Bank & Ors.

For the Petitioner : Mr. Mainak Bose, Sr. Adv.

Mr. Shoorjyo Mukherjee Mr. Dhiraj Mehere Mr. Satyasrikant Uutha Mr. Aditya Nair Mr. Vishwarup Acharyya …. advocates For the Opposite Parties : Ms. Aparajita Rao Ms. Nabanita Dutta …..advocates Heard on : 13.08.2025 Judgment on : 02.09.2025 Hiranmay Bhattacharyya, J.:-

1. The opposite party no. 1/Bank raised a preliminary objection against maintainability of this application under Article 227 of the Constitution of India before this Court. The preliminary objection raised by the Bank is that the petitioners are required to file instant application before the High Court within whose jurisdiction the Debts Recovery Tribunal is situated. In view thereof, the parties were invited to advance their argument on the issue of jurisdiction only.

2. Before this Court proceeds to deal with the question of jurisdiction, only the facts that are relevant for the purpose of deciding the issue of jurisdiction is set out hereinafter.

3. The opposite part