1980 Supreme(Bom) 209
V.S.KOTWAL
Gurudev Singh Puri & others & Sudarshan Chits (India) Ltd. & M. V. Velayudhan, Director of Sudarshan Chits (India) Ltd. & D. C. Misra, The former Dir – Appellant
Versus
Nari Tekchand Anandani & another – Respondent
JUDGMENT - V.S. KOTWAL, J.:---Sometimes on June 30, 1975 there were unexpected visitors at the door of one Shri Nari Anadani, who is the complainant in these proceedings and who dealt in the manufacture of plastic articles with the industry located at Ulhasnagar. That is a proprietory concerned. The said three visitors including accused No. 1, one S. Vijaykumar, who claimed to be the Manager of M/s. Sudarsan Chits (India) Limited, which is claimed to be a corporate body with its registered office at Calicut (shortly stated as the said company) and another by name Arjun Lulla, contacted the complainant and the accused No. 1 and said Vijaykumar were introduced by the said Shri Lulla as being the official and manager of the said company. During the course of talk the said official tried to impress upon the mind of the complainant about the credentials of their company and lucrative prospects of investing in the said concern and for that purpose communicated to the complainant that the office bearers, agents and the managers were all respectable persons with repute and that big companies are being financed and they have also lot of fixed investment in several sister concerns and they a
Click Here to Read the rest of this document