The legal issue for decision before this Court is, whether a civil suit to declare the appointment/co-option of some of the defendants/Directors of a Private Limited Company as illegal and void; to grant permanent injunction restraining them from any manner functioning as Directors of that company; further injunction restraining the said company from conducting any Extraordinary General Body Meeting/Annual General Body is maintainable in a civil court, in the light of Section 430 of the Companies Act, 2013?

2. M/s Standard Fireworks Private Limited, which is the epicentre of the dispute, is a Private Limited Company controlled by three families namely, Yennarkay Ravindran Family (34% shares), Arunachalam Nadar of Pioneer Group (33% shares) and Chelladurai Nadar of Bell Group (33% shares). The 34% shares in M/s Standard Fireworks Private Limited Company held by Yennarkay Ravindran family are with three companies run by that family. Those three companies are M/s Rajarathnam Matches Private Limited, M/s Chiranjeevi Rathnam Matches Private Limited and M/s Selvarathnam Matches Private Limited. Each of these three companies hold 11.09% of share in M/s Standard Fireworks Private Lim