( 1 ) BIBHUTI Bhusan Chakravati as Managing Director of the Superintendence Company of India Pvt. Ltd. and the Superintendence Company of India Pvt. Ltd. have instituted Suit No. 218 of 1977 on or about 1st April, 1977 in this Court against one Tarun Gupta residing at Mitralaya near Dhaneswar Temple P. O. and Dist. Dhanbad in the State of Bihar. The plaintiffs have alleged that the plaintiff No. 1 was the Managing Director of the plaintiff No. 2 and the defendant was an employee of the plaintiff No. 2. In January, 1970, the defendant was employed by the plaintiff as the Manager of Dhanbad Division of the plaintiff No. 2 at a total remuneration of Rs. 795 per month and a service agreement was executed between the plaintiff No. 2 and defendant on 9th Jan. , 1970 at Calcutta. It is stated that the principal object of the agreement was to prevent the defendant from utilising the trade secrets to the advantage of the rivals of the plaintiffs to the detriment of the plaintiffs during the currency of the agreement. It is, further, alleged that on 13th Aug. , 1972 the defendant maliciously and without reasonable or probable cause lodged a false complaint before the