Mr. Justice E.J. Bellie, President—The complaint has been filed with the following allegations:

The complainant is a registered S.S.I. Unit engaged in Pharmaceutical business. It availed loan for its business from the Tamil Nadu Indus trial Investment Corporation Ltd., Chengleput Branch. On 11.4.90 the Company entrusted with the Opposite Party the responsibility of dealing with the Tamil Nadu Industrial investment Corporation. In the normal course of activities the complainant handed over all his account books, ledger and journals, all related documents and typewriter to the Opposite Party for preparing a Statement of Accounts. Till date the Opposite Party has not prepared the Statement of Ac counts, and it has also refused to return the account books to the complainant. The Opposite Party refused to issue a 'No Objection Certificate, for appointment of new auditors. Because of the negligence and failure in performing the duties on the part of the Opposite Party the complain ant is facing problems from the Tamil Nadu Industrial Investment Corporation and apprehends legal action from the Registrar of Companies and the Income tax Department for non submission of the returns. The