M.SATHYANARAYANAN, J

1. The plaintiffs in C.S.No.110 of 2006 are the appellants herein and aggrieved by the dismissal of the application No.6627 of 2007 filed by them for the relief of amendment of plaint, had preferred this appeal.

2. Thefacts leading to the filing of this appeal are as follows:-The appellants/plaintiffs filed the above suit against the Respondents herein, praying for the relief of permanent injunction restraining the Respondents/defendants in dealing with the plaint schedule property any manner whatsoever or alienating the same including execution of deeds and registration of the same or sale of the same as estate of the first defendant company and for consequential reliefs.

3. In theplaint, it is averred among other things that the plaintiffs and the second defendant had entered into a Memorandum of Understanding dated 12.08.2005 for the purchase of 116.38 acres of land located at Vallur IV Village, Minjur Taluk, Tiruvallur District for the sale consideration of Rs.7,51,50,890/-. The second defendant has subscribed his signature on the said MOU in his capacity as a shareholder as well as on behalf of the first defendant company and the shareholders