Which of the following is true?
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The pendency of suit in a foreign court precludes the courts in India from a trying a similar suit.
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The pendency of a suit in a foreign court precludes the courts in India from trying a similar suit provided the suit is founded on the same cause of action.
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The pendency of a suit in a foreign court does not preclude the courts in India from trying similar suit even if it is founded on the same cause of action.
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None of the above
Indian courts are not bound by the pendency of a suit in a foreign court, even when founded on the same cause of action. Section 10 of the CPC only applies to suits pending in different Indian courts, not foreign courts. The principle of comity does not extend to prohibiting Indian courts from adjudicating matters merely because they are before a foreign tribunal. Option A is incorrect as it makes an absolute statement. Option B incorrectly introduces a qualification about same cause of action. Option D is incorrect as C is the accurate position.