JUDGMENT :

1. By this Interim Application, the Applicants/Plaintiffs have sought an order of temporary injunction restraining the Defendant Nos. 1 and 2, their servants/agents or any other person directly or indirectly acting for or on behalf of Defendant Nos. 1 and 2 from taking any steps which would defeat the Applicants’ rights under the agreement and/or the reliefs prayed for in the captioned Suit. Further, relief has been sought restraining the Defendant Nos. 1 and 2, their servants/agents or any other person directly or indirectly acting on behalf of Defendant Nos. 1 and 2 from taking steps towards valuation of Defendant No. 3 and/or buy-out of inter alia the Defendant Nos.1 and 2’s shareholding in Defendant No. 3. Other consequential relief has also been sought against Defendant Nos. 1 and 2 which have been set out in the subsequent prayers viz. prayer clauses (c) and (d).

2. The Applicants have filed the present Suit seeking specific performance of the agreement (“Minutes of Discussion”) dated 14th June 2019 (annexed at Exh.A to the Plaint) and declaration that the Minutes of Discussion is valid, subsisting, enforceable and binding.

3. The Applicants along with the Defendant N