ORDER :- At the outset it is not very clear as to the circumstances under which this application is again posted before this Court. The main original petition and even so the application in question had each a chequered career of its own and it would be necessary to set out briefly the attendant facts relating to the above proceedings in order to have a fair conspectus of the material events.

2. O. P. 79 of 1951 was a petition filed under Section 188 of the Indian Companies Act 1913 (hereinafter referred to as the old Act), by certain members of the company known as "the Nadar Press Ltd. Sivakasi"for winding up the same on the ground, among others, that the directors in management were prejudicially conducting the affairs of the company and they were bent upon enriching themselves by making secret profits, much to the detriment of the shareholders.

Whilst this petition was pending, O. P. 272 of 1952 was filed by one of the members of the company under Section 153-C of the old Act, inter alia, for appointing an administrator to carry on the business or the company and for termination of the services of the directors who were by then functioning. The above petitions and another applica

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