KOCHI (Under Sections 241 and 242 of the Companies Act, 2013)

In the matter of:

1. Mr. K. Pramod, Bright Villa, Near Talap Govt. Mixed U.P. School, Talap P.O., Kannur- 670 002;

2. Mr. Mohammed Najeeb Thuthiyan, Reefas, Azhikode P.O., Kannur- 670 009;

3. Mr. Preeth P.K., P.P II-1053, Bright Villa, Near Talap Govt. Mixed U.P. School, Talap P.O., Kannur- 670 002;

4. Mr. Jithin Poolkaruvath, Karuvath House, Thana P.O., Kannur- 670 012;

5. Mr. Anil Maampallil Joseph, Abhishekh, Near Kripa Nursing Home, Talap P.O., Kannur- 670 002;

… Petitioner -Versus-

1. M/s. Kannur Institute of Medical Science and Technology Private Limited, Having its Registered Office at Building No. PP 554, Union Shopping Complex, South Bazar, Kannur, Kerala- 670 002 Represented by its Director.

2. Mr. Sooraj N.K., Panoyil House, Azhikode P.O., Balaipatam, Kannur- 670 009 Email: - soorajnk@hotmail.com.

3. Mr. Sreejith N.K., Panayil House, Azhikode P.O., Kannur- 670 009. Email: -

nkjithu@gmail.com.

4. Mr. D.K. Ramesh, Khalifa Mohammed Ali Al Kamda Flat 102 (Water Sub Meter) 232, 17 St. Al Ghusais, D.M. No. 14 Post Box: 1620 Dubai, UAE, Email:-

dkramesh@hotmail.com.

5. Mr. Kalathil Edward Joy, Kalathil House, Near Railway Station, Pappinisseri, Kannur- 670 561. Email:- joy.kalathil@yahoo.com.

6. Mr. M.N. Abdurahman Farz, Kuttikunnu, Mangattidam, Kannir- 670 009.

Email:- rahmanmn12@gmail.com.

7. Mr. Sanoop Kumar M.N., Aiswarya, Payyannur, Thaliparamba, Kannur. Email:-

kmsanoop@gmail.com.

Limited & Others.

8. Mr. Najeeb Kadri, Zuhra Manzil, Pappinisseri West, Kannur- 670 565. Email:-

headsply@gmail.com.

9. Mr. Shakkir Thiyathikandy, T.M. House, Koodali P.O., Kannur- 670 592.

Email: - sabeeksports@gmail.com.

10. Mr. Muhammed Nazeer, Pallivalappil Nazeers, Old Post Office Road, Payambalam, Kannur- 670 001. Email: - nazeer@sjmetals.net.

11. Mr. Jayadevan Kolangara, Thejus, Pullambil Road, Thiruvangad, Thallassery, Kannur- 670 103.

12. Mr. Rajeevan, Daiva Kripa, Near Edachery Vayal, Muthappan, Pallikunnu P.O., Kannur- 670 004. Email:- rajeevanpayyanadan@gmail.com.

13. Mr. Moidu K., Manakadavu, Aroli P.O., Kannur- 670 563. Email:-

moiduatlas@gmail.com.

14. Mr. A.P. Jayasenen, Ayachatty House, Near Pallikunu Temple. Pallikunnu P.O., Kannur- 670 103. Email:- jayasenan51@gmail.com.

15. Mr. Jagadeep M.P., Jasrag, Thana, Kannur- 670 012. Email:-

mpjagadeep2426@gmail.com.

16. Mr. Siddique Rayaroth Parampath, Rayaroth Parambath (H), Velam P.O., Kuttiadi, Kozhikode- 673 508. Email:- sidique.rps@gmail.com.

…Respondents Coram:

Shri. P. Mohan Raj : Member (Judicial)

Shri. Satya Ranjan Prasad : Member (Technical)

Parties/Counsel present (through video conference):

For Petitioner : Mr.Navod Prasannan, Adv., Mr. K.V. Krishna Kumar, Adv.

For Respondents : Mr. Yogindunath S., PCS, Mr. Gokul R.I., PCS.

Order reserved on: 20.01.2023 Order pronounced on: 21.04.2023 Limited & Others.

O R D E R

This Company Petition has been filed under Section 241 and 242 of the Companies Act, 2013, seeking the following reliefs:

i. Declare that the acts of Respondent Nos. 2 to 15 are prejudicial to the interest of the Company.

ii. Declare that Annexure-A5 and Annexure-A9 Notices of Intention are arbitrary and illegal.

iii. Declare that special business mentioned in the Annexure- A12 Notice for the Extraordinary General Meeting of the Company to be held on

07.05.2022 are oppressive and against the interest of the Company.

iv. Order costs of and incidental to this Petition be paid by the Respondents Nos. 2 to 15.

2. The facts as narrated in the Petition and explained by the Petitioners are summarized hereunder:

i. The 1st Respondent Company was incorporated on 20th November 2014 for the purpose of establishing hospitals to provide treatment at a reasonable cost and to establish and run in any part of India colleges. schools, institutions, or academies where general, scientific, medical, nursing, commercial, engineering or any other type of education is imparted to students orally or through post. Respondent Nos. 2 to 15 are the shareholders of the 1^st R