1. The petitioners constituting one-half of the total number of members of M/s Tirupur Karur Transports Private Limited, ("the Company"), before further issue of shares impugned in the Company Petition, aggrieved purportedly on account of, inter alia, (a) unauthorised increase of the authorised capital of Rs. 1 lakh to Rs. 2/- lakhs; (b) illegal issue of additional shares of the Company to the respondents. 4 to 19, without any consideration thereby, reducing the petitioners to a minority status; (c) illegal appointment of the respondents 4 & 5 as directors; (d) illegal cessation of the petitioners as directors of the Company; (e) amendment of the articles of association of the Company at the annual general meeting of 26.09.2001; (f) fictious borrowings from directors and relatives; (g) lease of the Company's immovable property to the 20th respondent and construction of a building in the said property, thereby changing the character of the assets of the Company; (h) manipulation of the respondents, by which the Company ceased to be the subsidiary of the second respondent Company; and (i) preventing the petitioners from participating in the management of the Company, have invoke