BOMBAY HIGH COURT
Judge, J
Rao Saheb Manilal Gangaram Sindore v. Messrs. Western India Theatres Ltd.
| Table of Content |
|---|
| 1. jurisdictional facts of the suit and valuation parameters. (Para 1 , 2) |
| 2. discussion on whether the suit falls under companies act procedures. (Para 3 , 4) |
| 3. final remarks on costs and jurisdictional implications. (Para 5 , 6) |
| 4. final ruling and dismissal of the suit. (Para 7) |
1. I am afraid this suit will have to be dismissed on the preliminary issue that is raised on behalf of the 1st defendant company in consequence of a notice given by it to the plaintiffs and the issue is as to whether this Court has jurisdiction to entertain this suit. The reason why this is raised is that the subject - matter of the suit has been valued by the plaintiffs at Rs.1,300/- and obviously, therefore, this Court will have no jurisdiction to entertain this suit.
2. The suit is filed by the plaintiffs for rectification of the register of members maintained by the 1st defendant company, alleging that the latter had wrongfully refused to register in their names certain shares in respect of which they had submitted to the company a duly completed transfer form. It is not necessary for me to set out the various allegations that have been made by the plaintiffs in the plaint in support of
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