( 1 ) THIS is an application by the plaintiff for an injunction to restrain the first defendant, Fort Gloster Jute Manufacturing Company Ltd. , from acting upon and communicating to the Central Government the resolutions purported to have been passed in the meeting of the defendant Company, Port Gloster Jute Manufacturing Company, Ltd. , held on 16-3-1954.

( 2 ) THE tussle is over- the Managing Agency of this Company. The main issue in this controversy relates to the transfer by sale of the total interest of ordinary share-holders in Kettlewell Sullen and Co. Ltd. , the present Managing Agents, to Messrs. Mugneeram Bangur and Co. Kettlewell Sullen and Co. Ltd. , has been the Managing Agent of the defendant Company for a long time. Some share-holders are in favour of such sale of the shares of Kettlewell Bullen and Co. Ltd. , and others against it. There are allegations that they are being sold at a fabulous price which allegations are denied. Rivalry between Lala Lakshmipat Singhania and Messrs. Mugneeram Bangur and Co. is alleged to be the main motive of these proceedings.

( 3 ) AT the moment the present controversy relates to a meeting of the share-holders w