JUDGMENT

The application

This is an application by the petitioner under section 181 of the Companies Act, 1965 ("the Act") for the following orders:

(1) Cancellation of all resolutions passed at the Board of Directors ("BOD") Meeting of the 1st respondent company held on 24.9.2010.

(2) Cancellation of all resolutions passed at the Extra Ordinary General Meeting ("EGM") of the 1st respondent company held on 11.10.2010.

(3) The 2nd, 3rd, 4th, 5th and 8th respondents and each of them to purchase the petitioners entire interest in the 1st respondent company upon such terms and conditions as the court deem just.

(4) Alternative to prayer (3) above, for orders of winding-up to be made by the court including specific directions for the appointment of a qualified independent liquidator to properly investigate into the conduct of the 2nd, 3rd, 4th, 5th, 6th, 7th and 8th respondents in the affairs of the 1st respondent company and to commence appropriate action against the said 2nd, 3rd, 4th, 5th, 6th, 7th and 8th respondents.

The petitioners grievance

The petitioners grievance being one of the directors and minority shareholder of the 1st respondent company is that the relevant res