JUDGMENT

TARUN CHATTERJEE, J.- This appeal is directed against the judgment and final order dated 29-9-2000 of the High Court of Karnataka at Bangalore in RFA No. 205 of 1995 whereby the High Court had dismissed the appeal filed by the appellants herein.

2. The relevant facts which would assist us in appreciating the controversy involved are narrated in a nutshell, which are as follows: Lokashikshana Trust (LST) was a public trust registered under the Bombay Public Trusts Act, 1950 which was engaged in the publication of it Kannada daily Samyukta Karnataka and some other periodicals. In 1974, the Board of Trustees entered into an agreement with M/s Karnataka Patrika (P) Ltd. (hereinafter referred to as "KPP") for the transfer of publication and printing rights and machineries as also to create a lease in the buildings owned by the Trust.

3. Some interested persons filed a suit being as No.4 of 1997 before the Principal District Judge, Dharwad praying for the removal of trustees; scheme for management of the Trust, etc. While this suit was pending, KPP entered into an agreement with M/s Jaya Karnataka News and Printers (P) Ltd., Appellant 2 (hereinafter referred to as "JKNP") for trans