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CP/16/KOB/2020
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IN THE NATIONAL COMPANY LAW TRIBUNAL
KOCHI BENCH
CP/16/KOB/2020
(Under Section 98, 169, 241 & 242 of Companies Act, 2013)
Order delivered on 21st April, 2022
Coram:
Hon’ble Mr. Ashok Kumar Borah, Member (Judicial)
Hon’ble Mr. Anil Kumar. B, Member (Technical)
Mookada Moosa Mujeeb Rahiman,
Mookada House, Mudical P.O.,
Perumbavoor, Kerala- 683 542.
…Petitioner.
Versus
1. M/s. Saw Mill Owners Service Enterprises Limited,
Represented by its Managing Director,
City Estate, M.C. Road, Perumbavoor.
Kerala- 683 542.
2. Mr. Cherakkakudy Kochahammed Abdulmajeed,
Cherakkudy House, Allapra P.O.,
Ernakulam, Kerala- 683 556.
3. Mr. MookadaKochu Hamza,
Mookada House, Mudickal P.O.,
Perumbavoor, Kerala- 683 542.
4. Mr. KottakuzhyAnavattathu Varghese Samuel,
Grace Cottage, Malamury P.O., Ernakulam,
Kerala- 683 541.
5. Mr. AbdulrazackCherakakudyMoideen,
Cherakakudy House, Allapra P.O.,
Ernakulam, Kerala- 683 556.
6. Mr. ThuruthumaliVeeranAbdulkhadar,
Thiruthumali House, Allapra P.O.,
Ernakulam, Kerala- 683 556.
7. Mr. AkkalamattamAliyarSidhique,
CP/16/KOB/2020
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Akkalamattam House, Malamury,
Palluvazhy P.O., Kerala- 683 545.
8. Mr. Kanampuram Abdulla Shameer,
Kanampuram House, Iringole P.O.,
Ernakulam, Kerala- 683 545.
9. Mr. A.S. Narayanan, VI/331 Aiswaryam,
Kattayi Crusher Rd, Nedumbassery,
Aluva, Kerala- 683 585.
10. The Registrar of Companies, Kochi,
Company Law Building, Kakkanad,
Kochi, Kerala- 682 021.
11. Mr. V.M. Aliyar, Vaddaikudy House,
Rayonpuram P.O., Kerala- 683 543.
12. The Federal Bank Limited,
Represented by its Branch Manager,
A.M. Road, Perumbavoor,
Kerala- 683 542.
13. Axis Bank,
Represented by its Branch Manager,
P.P. Road, Perumbavoor,
Kerala- 683 542.
14. Union Bank,
Represented by is Branch Manager,
A.M. Road, Perumbavoor,
Kerala- 683 542.
…Respondents
Parties/Counsel present (through video conference)
For the Petitioner
:Shri.SukumarNainanOommen,
Shri. Sherry Samuel Oommen,
Shri. Nidhi Jacob, Advocates.
For RespondentNos. 1 &11: ShriPhilip Mathew,Advocate.
For Respondent Nos. 2, 4, 5 & 9. : Shri Jomy George, Advocate.
For Respondent Nos. 3, 6, 7 & 8. : Shri. P. Thomas Geeverghese, Advocate.
For Respondent No. 10. : No appearance.
For Respondent No. 12. :Ex-parte (vide order dated 08.07.2020)
For Respondent No. 13. :Ex-parte (vide order dated 02.12.2021)
For Respondent No. 14. : Shri. G. Muralikrishnan,
Shri. Abraham George Jacob, Advocates.
CP/16/KOB/2020
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ORDER
Per: Ashok Kumar Borah, Member (J)
The present Company Petition bearing No. CP/16/KOB/2020 has been
filed under Sections98, 169, 241 and 242 of the Companies Act, 2013, by
Mookada Moosa Mujeeb Rahiman (hereinafter called as “Petitioner”) against
Respondents M/s Saw Mill Owners Service Enterprises Limited &Others,
seeking the following reliefs:
i.
Issue an Order declaring the proceedings at the impugned EGM
held at 11.00 hours on 03.03.2020 at Y's Mens Club Hall,
Vallam, Rayonpuram, Perumbavoor to be illegal and in
contravention of Article 72 (2) read with Article 75 (iv) (b] of the
Articles of Association and Section 102 (1) (a) and (b) and 169 (3)
of the Act as well as Articles 110 read with Articles 112 & 113 of
the Articles of Association and Proviso to Section 152, 164 & 169
of the Act; and as being prejudicial and oppressive to the
Petitioner and the shareholders represented herein and the
interests of the Company.
ii.
Issue an Order setting aside the Resolution adopted at the
impugned EGM held at 11. 00 hours on 03.03.2020 at Y's Mens
Club Hall, Vallam, Rayonpuram,Perumbavoor removing the
Petitioner Mr. Mookada Moosa Mujeeb Rahiman, Mr. Poly
Thomas, Mr. Sadhiq Thacharukudy Pareed, M
