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1995 Supreme(Mad) 149

SRINIVASAN, S.S.SUBRAMANI
G. R. V. Rajan – Appellant
Versus
Tube Investments of India Ltd. rep. by its Company Secretary, Madras – Respondent


Advocates Appeared:
For the Appellant:S. Govind Swaminathan, Senior Advocate for Sriram Panchu, N.L. Rajan & Ms. Aparna Mukerjee, Advocates.
For the Respondent:P.S. Surana for Surana & Surana, Advocates.

Judgment :-

SRINIVASAN, J.

1. These four appeals arise out of orders passed on interlocutory applications pending the suit C.S. No. 1280 of 1994 filed by the respondent on the Original Side of this Court. It will be convenient to refer to the parties by their rank in the suit. The appellant will be referred to as the defendant and the respondent will be referred to as the plaintiff.

2. The case as set out in the plaint is as follows:— The plaintiff is a Public Limited Company of All India repute. Its sales turnover for the year ending 31-3-1994 was Rs. 417.15 crones. The exports made by the plaintiff and the foreign exchange earned were Rs. 67.13 crores in the said year. The plaintiff is having about 18,350 shareholders and 6,300 employees. It is engaged in manufacturing among other products bicycles, components and accessories of bicycles for more than 40 years through its manufactu ring unit, namely, TI Cycles of India and the present capacity is 25,00,000 cycles per annum. It is known for its efficiency and quality products. It has various manufacturing units in various places in and around Madras City, two factories at Hyderabad and one factory at Tarapur, Bombay. The plaintiff h
































































































































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