As per case facts, minority shareholders in a Dubai company (Defendant No. 2) filed a derivative suit in Madras High Court, claiming Defendant No. 2 had beneficial interest in shares ... of an Indian company (Defendant No. 1) registered under Defendant Nos. 3 to 7's names. They alleged a denial of this beneficial interest after account deconsolidation. The Single Judge found jurisdiction, but the Division Bench reversed, stating the main dispute was among Dubai shareholders of a foreign entity. The plaintiffs appealed. The question arose whether the Madras High Court had territorial jurisdiction for this derivative action, given the core dispute involved Dubai entities and residents. Finally, the Supreme Court upheld the Division Bench's decision, ruling that the central dispute was about a Dubai company's affairs and its Dubai-based shareholders, thus the Chennai court lacked jurisdiction. The relief against the Indian company was merely consequential to resolving the primary dispute, which belonged in a Dubai court.