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1985 Supreme(Mad) 456

RATNAM
R. Venkataswami Naidu – Appellant
Versus
South India Viscose Ltd. , Coimbatore – Respondent


ORDER

1. The plaintiff in O.S. No. 2017 of 1983, District Munsif's Court, Coimbatore, is the petitioner in this Civil Revision Petition. In the respondent-company, with which the petitioner appears to have been associated since its inception, he holds two shares. Prior to 29-9-1983, the petitioner was one of its Directors. The Twenty-fifth Annual General Meeting of the respondent-company was scheduled to be held on 29-9-1983 at 11.30 am. Item 2 in the agenda for that meeting related to the appointment of a Director in the place of the petitioner, who retired by rotation and was eligible to offer himself for re-appointment. The annual report of the company and the notice of the Twenty-fifth Annual General Meeting were sent to all the shareholders of the 6drapany well in advance. While matters stood thus, on 28-9-1983, one P. J. Joseph, who held two shares in the respondent company instituted S.C. Suit No. 5658 of 1983 before the City Civil Court, Bombay, against the respondent-company, the petitioner herein as well as other Directors and obtained an ad interim injunction restraining the respondent company and its Directors from holding the Twenty-fifth Annual General Meeting of the C












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