S.N.KAPUR
SPECTRUM TECHNOLOGIES USA INC. – Appellant
Versus
SPECTRUM POWER GENERATION COMPANY LIMITED – Respondent
( 1 ) THE crux of the dispute in this matter depends on an answer to the question: "whether the IDBI is the necessary or proper party and whether its presence would help and enable this court to effectually and completely adjudicate upon and settle all the questions involved in this suit?"
( 2 ) THE plaintiff filed a suit seeking "a mandatory injunction directing defendant Nos. 2 and 3 to make necessary amendments in the Articles of Association in accordance with the requirement of promoters agreement dated 29th June 1993", "a declaration that the resolution at item No. 9 passed by the Board of Directors of defendant No. 1 in its 27th meeting held on 14th November 1995 is illegal and ultra vires the promoter agreement dated 29th June 1993 and parties were still bound by the promoters dated 29th June, 1993" and further seeking "a declaration that Dr. A. V. Mohan Rao and Mr. Brij Bhartelly are and continue to be members of the Board of Directors of defendant No. 1 on behalf of the plaintiff and also Mr. C. P. Jain, Director (Finance), NTPC to be inducted in the Board of Directors of defendant No. 1 as nominee of defendant No. 3. " There are other prayers also which ar
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