JUDGMENT

P. Venkatarama Reddi, J.-The dispute is between the shareholders of two pharmaceutical companies which figure as respondents herein. Suits were filed by the petitioners, who are the wife and husband, in the City Civil Court, Hyderabad impleading the Companies and the third respondent by name Shri D. Vasant Kumar, the subject matter of the suits broadly being the transfer of shareholdings. The suit O.S. No. 551 of 2000 was filed by the petitioner in S.L.P. No. 18035/2000. Along with the suit the petitioner-plaintiff applied for an interim injunction restraining the defendants-respondents 1 and 3 (Solvay Pharmaceutical B.V. and Shri D. Vasant Kumar) from transferring/exchanging their shareholdings in defendant Companies 2 & 4 pending disposal of the suit. The other two Suits of similar nature were filed by the petitioner in S.L.P. Nos. 18041 & 18042 of 2000 and interim injunction was sought for. The I.A. filed in O.S. No. 551 of 2000 under Order 39 Rules 1 & 2 was dismissed by the learned trial Judge while vacating the ex-parte injunction granted earlier. However, the ad interim injunction granted in the suits filed by the petitioner in SLPs 18041 & 18042/2000 remained in for