Soumen Sen, J.

1. The apparent conflict between the shareholders of the plaintiff No.1 has resulted in the institution of a suit by the plaintiffs seeking specific performance of several agreements between the petitioners and the respondent Nos.1 to 38 and a declaration that the petitioner-Company is exclusively entitled to be the sole purchasing representative in perpetuity of the respondent Nos.2 to 38 for procurement of the goods and services from India. The petitioners have also claimed perpetual injunction restraining the respondent Nos.39 to 42 from acting in breach of negative covenant as pleaded in Paragraph 42 of the Plaint.

2. The reliefs in the suit as well as in this application are based on a plea of pre-incorporated contracts, oral agreements, collaboration agreement and a shareholder’s agreement followed by conduct of the parties for almost 20 years giving a special right in favour of the plaintiff to exclusively supply materials to ArcelorMittal Companies (hereinafter referred to as “AM Companies”) outside India after procuring the materials, inter alia, from the respondent Nos.39 to 42. The plaintiff claims that apart from the agreements pleaded in the last