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1992 Supreme(Mad) 250

A.R.LAKSHMANAN
S. Varadarajan – Appellant
Versus
Venkateswara Solvent Extraction Private Limited and Others – Respondent


Appearing Advocates:A.K. Mylsamy, A.C. Muthanna, N.S. Nandakumar, R.L. Narayanan, M. Subramaniam, Advocates.

Judgment :-

LAKSHMANAN, J.

The first petitioner, S. Varadarajan, in the main company petition is the applicant in Company Application No. 602 of 1992. He filed the above application for an order of interim injunction restraining the second respondent, M. Sekaran, from holding the extraordinary general meeting on April 23, 1992, or any other adjourned date pending disposal of the main company petition. This application was opposed by all the respondents. Elaborate arguments were heard by me on April 21, 1992. Since the meeting was to be held on April 23, 1992, at 4 p.m. and having regard to the urgency of the matter, I passed an interim order on April 22, 1992, which is reproduced as under :

"Elaborate and lengthy arguments were advanced by counsel for the applicant as well as counsel for the respective respondents and very many decisions have been referred to in respect of the respective contentions.

Since the meeting is to be held on April 23, 1992, at 4 p.m. it will not be possible for this court for want of time to pronounce final orders in the above application.

Hence, having regard to the urgency of the matter and bearing in mind the interest of all parties the following interim o































































































































































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