( 1 ) THIS is a petition u/ss. 397, 398, -103 and 403 of the Companies Act, 1956 filed by a shareholder of M/s. Supreme Motors Limited (hereinafter called the respondent-Company) alleging, inter alia that there has been oppression on. the petitioner - group (here in after REFERRED TO to as Suresh Group) by the t: Group led by respondent No. 2 (hereinafter REFERRED TO to as mrit Group) and certain reliefs should he it-anted u/s. 402 of the Companies Act.

( 2 ) IT is an admitted case of the parties hat Suresh Group and Amrit Group have equal shares in the Company. Both the Groups own 500 shares each. Each share is of the face value of Rs. 1000. 00. The petitioner and the respondents are closely related. They are cousins. According to the averments made in the petition Amrit Group has been acting to benefit itself at the cost of Suresh Group. It has been alleged that the Company was in the nature of a partnership between the rnembers of the two groups and that Amrit Group is conducting the affairs of the Company in a manner which is unlawful and highly prejudicial to the petitioner and his family. Instances of illegal and arbitrary acts have been set out in the petition. I