SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2009 Supreme(Mad) 549

M.VENUGOPAL
Shanita Holdings SDN & Another – Appellant
Versus
Shanita Hotel Trichy Pvt. Limited & Another – Respondent


Advocates Appeared:
For the Petitioners:A.K. Mylsamy, Advocate.
For the Respondents:R1, N.R. Chandran, Senior Counsel for K. Ramasamy, R2, L.G. Sahadevan, Advocates.

Judgment :-

The Civil Revision petitioners/R2 and R3/D2 and D3 have filed this civil revision petition as against the order dated 11.06.2008 in I.A.8812/08 in O.S.3737/08 passed by the learned XV Assistant City Civil Judge, in granting ad interim injunction till 17.06.2008, on an application filed by the first respondent/petitioner/plaintiff under Or.XXXIX R.1 and 2 of the Civil Procedure Code.

2. The trial Court while passing orders in I.A.8812/08 has inter alia observed that the original minutes book was placed before me, It appears that the Company passed a resolution on 13.01.2006 itself not to allot shares. Primafacie case made out. Ad interim injunction is granted till 17.06.2008. Notice to the respondents, etc.,

3. The learned counsel for the revision petitioner/R2 and R3/D2 and D3 contends that the trial Court has no jurisdiction to decide on the issue inasmuch as the same issue is pending before the Company Law Board Bench, Southern Region, Chennai in C.P.94/07 and further ought not to have passed the interim order of injunction in respect of allotment of shares since the first respondent/petitioner/plaintiff has filed Form 2 for the allotment of 5,87,000 shares and the F

































































Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top