UILS INTRA DEPARTMENT MOOT COURT COMPETITION,
2016
TEAMCODE: A-30
THE HON’BLE COMMERCIAL COURT OF DELHI CIVIL SUIT. SUI T.N NO……….. OF 2016
IN THE MATTER OF:
MR. SW S WARN UMAR UM AR …PLAINTIFF
V.
MR. AHIL SIN!HAL …DEFENDANT
PLAINT FILED UNDER SECTION 6 OF COMMERCIAL COURTS, COMMERCIAL DIVISION AND COMMERCIAL APPELLATE DIVISION OF HI!H COURTS ACT, 2O1"
WRITTEN SUBMISSIONS ON BEHALF OF THE PLAINTIFF
TABLE OF CONTENTS
S. NO. 1. 2. 3. 4. 5. 6. 7.
PARTICULARS
PA!E NO. (ii) (iv) (vi) (vii) (vii) (ix) 1"1#
LIST OF ABBREVIATIONS INDE# OF AUTHORITIES STATEMENT OF $URISDICTION STATEMENT OF FACTS ISSUES RAISED SUMMAR% OF AR!UMENTS AR!UMENTS ADVANCED
I.
WHETHER
THE
DELHI
COMMERCIAL
COURT
HAS
$URISDICTION TO ENTERTAIN THE MATTER OR OR NOT NOT&
I.1 THAT THE DISPUTE IS IN THIS SUIT IS A COMMERCIAL
1 1
DISPUTE.
I.2 THAT IT IS UNDER THE UNDER THE TERRITORIAL JURISDICTION O THE
3
DELHI COMMERCIAL COURT.
I.3 THAT PECUNIAR! JURISDICTION ARISES IN COMMERCIAL 4
COURT.
5 II.
WHETHER THE WHETHER THE CONTRACT SI!NED B% MR . SWARN UMAR WAS WAS A VALID CONTRACT OR NOT OR NOT&
II.1 THAT MR . S%ARN &UMAR %A &UMAR %AS S NOT COMPETENT TO SI'N THE
5 6
A'REEMENT.
II.2 THAT MR . & UMAR %A UMAR %AS S IN A STATE O DRUN&ENNESS. II.3 THAT MR . & UMAR LOST UMAR LOST HIS AILIT! TO MA&E RATIONAL
7
DECISIONS.
# III.
WHETHER THE WHETHER THE A!REEMENT SI!NED BETWEEN MR . UMAR AND MR .
III.1
SIN!HAL IS ENFORCEABLE OR NOT OR NOT&
#
THAT THE OJECT O THE A'REEMENT SI'NED ET%EEN
MR . & UMAR AND UMAR AND MR . SIN'HAL %AS %AS UNLA%UL. III.2 THAT THE OJECT O THE A'REEMENT SI'NED ! MR . & UMAR %A UMAR %AS S IMMORAL. III.3 THAT THE A'REEMENT SI'NED ! MR . & UMAR %A UMAR %AS S A'AINST PULIC POLIC!.
(1)
1$
11
IV. IV.
WHETHER IN$UNCTION WHETHER IN$UNCTION SHOULD BE !RANTED A!AINST MR .
13
SIN!HAL FROM SELLIN! MA$ORIT% OF THE SHARES OF THE COMPAN% IN THE PRESENT CASE&
4.1 THAT MR . & UMAR IS UMAR IS STILL THE O%NER O THE SHARES. 4.2 THAT TEMPORAR! INJUNCTION SHOULD E 'RANTED. 4.3 THAT THE PLAINTI %OULD SUER IRREPARALE INJUR! I
13 15 16
HIS PRA!ER OR TEMPORAR! OR TEMPORAR! INJUNCTION IS NOT IS NOT 'RANTED.
4.4 THE ALANCE O (IN)CONENIENCE IS IN AOUR O THE
16
PLAINTI.
11. PRA%ER
(xii)
(2)
LIST OF ABBREVIATIONS S. NO.
ABBREVIATION
FULL FORM
1.
*
A+,
2.
-
S/0i+
3.
P
4.
AIR
A88 I+,i R0
5.
A+.
A+0
6.
CP C
Civi8 P/,9 C,
7.
,.
E,i0i+
8.
HC
Hi C90
9.
H+;8
H+;8
10.
L0,.
Li
11.
O=.
O0=
12.
Pv0.
Piv0
13.
>?
R, ?i0
14.
SC
S9< C90
15.
SCC
S9< C90 C==
16.
SCJ
S9< C90 J9+8
17.
SCR
S9< C90 R0
18.
S.
S/0i+
19.
S9.
S98<+0@
20.
9>=
U+, =/0i+
21.
v.
=9=
22.
8.
89<
23.
AC
8, A8/8 C+0+0
(3)
INDE# OF AUTHORITIES
TABLE OF CASES
AMERICANCYANAMID AMERICANCYANAMID CO. . ETHICON ETHICON LTD LTD 1975 AC
396…………………………………………………..17 BEST SELLER BEST SELLER ’ S S RETAIL RETAIL . ADITYABIRLA ADITYABIRLA (2012)
6 SCC
792………………………………………………...14 ! A. I 492#93…………………….…..…… INDERSINGH INDERSINGH . OARMESHARDHARI SINGH I . R R. 1957 "AT "AT AT AT "" "" 492#93…………………….…..…… 7 $ISHORESINH $ISHORESINH . MAR%TI COR" MAR%TI COR" . (2009)
11 SCC 229……………………………………… 229……………………………………………….…. ……….….
…..14 MAHESHCHANDRA MAHESHCHANDRA . REGIONAL MANAGER REGIONAL MANAGER ! % . " " . & & .C .! .! ' .T .
1992 (2) SC 326……………………….…..… 326……………………….…..…
10 ! BANDA ! A. I N%TAN$%MAR N%TAN$%MAR . SECOND ADDITIONAL '%DGE ADDITIONAL '%DGE I . R R.
1994 ALL 29………………………....…
10 N%TAN$%MAR N%TAN$%MAR . SECOND ADDITIONAL '%DGE ADDITIONAL '%DGE ! BANDA ! A. I I . R R.
1994 ALL 29…………………….
……...12 ! BANDA ! A. I N%TAN$%MAR N%TAN$%MAR . SECOND ADDITIONAL '%DGE ADDITIONAL '%DGE I . R R.
1994 ALL 29………………………...
….13 705………………………….….. OIL AND OIL AND NAT%R NAT%RAL AL GAS COR" GAS COR" . . SA "I"ES "I"ES LIMITED LIMITED 2003(5) SCC 705………………………….….. …..13 S%"RIYACHODHARYSARCAR . MST . HA&IA BEG%M HA&IA BEG%M AND ANR AND ANR !
192……………….16
(4)
2016(3) CAL. L.T .
YOGENDRASINGH . "REMLATA "REMLATA AND ANR AND ANR 2014(11) RCR 117……………………………………….……
6
STATUTES REFER RE FERRED RED
1 2 3 4 5
THE COMPANIES ACT
2$13 THE COMPANIES ACT 1B56 THE CODE O CIIL PROCEDURE
1B$# THE INDIAN CONTRACT ACT 1#72 THE TRANSER O PROPERT! ACT 1##2. BOOS BOO S AND COMMENTARIES REFERR RE FERRED ED
1. R .& . AN'IA SPECIIC RELIE ACT ALLAHAAD LA% A'ENC! THIRD EDITION 2$13. 2. MULLA THE INDIAN CONTRACT ACT ELEENTH EDITION H. S. PATHA& 1BBB. 3. R . & . AN'IA INDIAN CONTRACT ACT OURTEENTH EDITION ALLAHAAD LA% A'ENC!
2$13.
4. THE COMPAN! LA% MANUAL 1B27"2$12 OL.1 (LEISNEIS UTTER %ORTHS %ADH%A NA'PUR ). ).
5. CIIL PROCEDURE %ITH LIMITATIONS ACT 1B63 C.& . TA&%ANI ESTERN OO& OO& COMPAN! COMPAN! SEENTH EDITION
2$16.
6. RAIPULIANI MAHESHPULIANI COMPANIES ACT 2$13 %ITH COMMENTS (HARAT LA% HOUSE PT. LTD LTD.
2$TH ED. 2$14).
7. MPRASAD THE CODE O CIIL PROCEDURE ! SIR DINSHAHPARDUMJIMULLA SIR DINSHAHPARDUMJIMULLA F (LEISNEIS UTTER%ORTHS%ADH%A UTTER%ORTHS%ADH%A NA'PUR NA'PUR 1# 1#TH ED. REPRINT 2$12) #. SIR JOHN SIR JOHN %OODROE AMEERALI S COMMENTAR! ON CODE O CIIL PROCEDURE 1B$#F ( DELHI LA% HOUSE 5TH ED. 2$11) B. JUSTICE A.&NANDI JUSTICE S.PSEN'UPTA THE CODE O CIIL PROCEDUREF (&AMAL LA% HOUSE &OL&ATA OL.2 2$$4)
1$. INA! &UMAR 'UPTA &UMAR 'UPTA THE CODE O CIIL PROCEDUREF (LEISNEIS UTTER %ORTHS 14 %ADH%A NA'PUR %ADH%A NA'PUR 14
TH
ED. 2$$5)
LE!AL LE!A L LE#ICONS REFER R EFERRED RED :
(5)
1. R!AN A. 'ARNER LAC& S LA% DICTIONAR! (#0 ,. 2$$1). 2. OORD EN'LISH DICTIONAR! (2+, ,. 2$$B). 3. MISH .C. MERRIAM"%ESTER GS COLLE'IATE DICTIONAR! (11TH ED. 2$$3)
WEBSITES WEBSI TES REFERR RE FERRED ED
1. 2. 3. 4.
??? ???.<+ .<+9 90 0. ./ /< < ???.8 ???.8 8= 8=vi/ vi/=i+ =i+,i ,i./< ./< ???..v.i+ ???.i+,i+++.
STATEMENT STATEMENT OF $URISDICTION $URISD ICTION
T H+;8 C<</i8 C90 D8i = 0 9i=,i/0i+ 0 0i= /= 9+, S/0i+ 6 T C<</i8 C90= C<</i8 Divi=i+= +, C<</i8 A880 Divi=i+ Hi C90= A/0 2$15. S/0i+ 6 T C<</i8 C90= C<</i8 Divi=i+= +, C<</i8 C<</i 8 A880 Divi=i+ Hi C90= A/0 2$15 =00= =: 1. T*+ C,--+/ C, * *+ 8/, , : 8 ;;/, +< , /,--+/ 8;+ ,= S;+/=+8 >+ >+ < , ,= *+ ++ +,: ,= *+ S+ ,+ ?*/* * @++ ++8 +, 8/,.
H+/ 0 9i=,i/0i+ 0i= /<</i8 /90 i= i+v, 9+, S/0i+ 6 T C<</i8 C90= C<</i8 Divi=i+= +, C<</i8 A880 Divi=i+ Hi C90= A/0 2$15.
(6)
STATEMENT OF FACTS I INCEPTION OF OF CASE SCENARIO SCENARIO
1. M. S?+ &9< &9< ;9=i+==<+ ;9=i+==<+ < < D8i ?i0 ?i0 /<+@ 3$ /= /= ,8i+ i+ i+ i/ /9;= ?+0 + 0i 0 ' ?i0 i= 8?@ i+, M. A,i0@ S+i. II CAUSE OF ACTION
1. H 8=0 R=. R=. 3 /= /= i+ 0 C=i+ C=i+ R@8 R@8 + = = /=i+ i+ i+ '. 2. D=0 D=0 < <+@ <+@ M. &9< =i+, =i+, " ?i00+ <+0 <+0 ?i0 M. M. Ai8 Ai8 Si+8 (<+@ 8+, 0 /=i+) 8+ R=. 5 /= + $3.1$.2$16. 3. T vi, vi, < 0 /=i+ /=i+ =?= =?= 00 M. M. &9< &9< , /+=9<, /+=9<, i0 i0 8/8 8/8 ;v= ;v= (#x3$<8) i 0 =i+i+ 0 /+0/0. 4. T <+0 <+0 /+0i+, /+0i+, /89= /89= @i+ @i+ ;/ ,9;8 ,9;8 0 0 8+ <9+0(R <9+0(R=. =. 1$ /=) /=) 0 0 0;8 +, i+ ,980 ?98, =i+ v i= <i0@ == i+ i= /<+@ = =/9i0@. 5. A0 2 .<. + $4.1$. $4.1$.2$16 2$16.. M. &9< 8=0 8=0 88 i= <+@ <+@ +, ;i+ ;i+ 9+;8 0 09+ 09+ R=. 1$ 1$ /= 0 0 0;8 8=0 <i0@ == i= /<+@. 6. M. &9< i<<,i08@ i<<,i08@ /+0/0, /+0/0, M. M. A,i0@ A,i0@ ? 0+ /+0/0, /+0/0, M. Si+8 Si+8 0 0 0 ,9;8 0 8+ ;90 +0 0 <i0@ == 0 /<+@. 7. 90 M. Si+8 Si+8 9=, +, +, i<<,i08@ i<<,i08@ 0 /K9ii+ /K9ii+ <i0@ <i0@ == == 0 /<+@ /<+@ =i+, /+0/0 ?i0 D8i ;=, /<+@ A * M Pv0. L0,. =88i+ <i0@ == 0 /<+@. /<+@. III INSTITUTION OF SUIT
1. M. S+i + ;8 ;8 M. M. &9< &9< = i8, /ivi8 =9i0 =9i0 ; D8i D8i C<</i8 C<</i8 C90 C90 0 v+0 M. Si+8 Si+8 < 0i+ v 0 /<+@. /<+@.
(7)
ISSUES RAISED ISSUE I
%HETHER THE %HETHER THE DELHI COMMERCIAL COURT HAS THE JURISDICTION TO ENTERTAIN THE MATTER MATTER OR OR NOT
ISSUE II
%HETHER THE %HETHER THE CONTRACT SI'NED ! MR . S%ARN &UMAR %A &UMAR %AS S A ALID CONTRACT OR NOT NOT
ISSUE III %HETHER THE %HETHER THE A'REEMENT SI'NED ET%EEN MR . &UMAR &UMAR AND AND MR . SIN'HAL IS ENORCEALE OR NOT
ISSUE IV
%HETHER AN %HETHER AN INJUNCTION SHOULD E 'RANTED A'AINST MR . SIN'HAL ROM SELLIN' MAJORIT! O THE SHARES O THE COMPAN! IN THE PRESENT CASE OR NOT NOT
(#)
SUMMAR% OF AR!UMENTS 1. WHETHER THE DELHI DELH I COMMERCIAL COMMERCI AL COURT HAS $URISDICTION $U RISDICTION TO ENTERTAIN THE MATTER OT O T NOT& NOT &
Ti= /= i= /<</i8 ,i=90 /
WHETHER WHETH ER THE TH E CONTRAC CON TRACT T SI!NED SI!N ED B% MR. MR . SWARN UMAR UMA R WAS WAS A VALID VALID CONTRACT CONT RACT OR NOT& N OT&
M. S?+ &9< ?= +0 /<0+0 0 =i+ = i+ + <+0 9+, =/0i+ = /0i+ 11 T I+,i+ C+0/0 A/0 1#72 = ?= i+ 0 =00 ,9+++== +, /98, +0 0i+ 0i+88@. 3.
WHETHER THE A!REEMENT A!REEME NT SI!NED BETWEEN MR UMAR AND MR SIN!HAL IS ENFORCEA ENFO RCEABLE BLE OR NOT& NO T&
T ;/0 0 <+0 =i+, ;@ M &9< ?= 9+8?98 9+, S/0i+ 23 T I+,i+ C+0/0 A/0 1#72 i0 ?= i<<8 +, ?= i+=0 9;8i/ 8i/@. '.
WHETHER IN$UNCTION IN $UNCTION SHOULD SH OULD BE !RANTED ! RANTED A!AINST MR SIN!HAL SIN! HAL FROM SELLIN! MA$ORIT% OF THE SHARES SHA RES OF THE COMPA C OMPAN% N% IN THE PRESENT PR ESENT CASE OR NOT& NO T&
T<@ T<@ i+9+/0i+ =98, ; +0, i+=0 M. Si+8 < =88i+ <i0@ 0 == 0 /<+@ = M. &9< i= =0i88 0 ?+ 0 ==. I i+9+/0i+ i= +0 +0, M. &9< ?i88 =9 i;8 i+9@ +, < i+/+v+i+/ 0+ M. Si+8 ?98, i 0<@ i+9+/0i+ i= +0,.
(B)
AR!UMENTS ADVA ADVANCED MOST RESPECTFULL% SHOWETH:
1. WHET WHETHER HER THE DELHI DELHI COMMERC COMMERCIAL IAL COUR COURT T HAS $URISD $URISDICTI ICTION ON TO ENTERTAIN THE MATTER OR NOT&
1. I0 i= 9<;8@ 9<;8@ =9;
1.1 T()* *(+ /*+ *( * ) 44+5) /*+.
2. I0 i= 9<;8@ 9<;8@ =9;
1T C<</i8 C90= C<</i8 Divi=i+ +, C<</i8 A880 Divi=i+ Hi C90= A/0 2$15. 1
S/0i+ 6 =00= 00 0 /<</i8 /90 = 0 9i=,i/0i+ 0 0@ 88 0 =9i0= /<</i8 ,i=90= ?i0 =/ii, v89= i=i+ ?i0i+ i0= 0i0i8 9i=,i/0i+.F S/0i+ 2 (/) /<</i8 ,i=90F <+= ,i=90 i=i+ 90 " (i)) (i
O,i O ,i+ +@ @ 0+ 0+=/ =/0i 0i+ + </ </+0 +0= = ;+ ;+ i+ i++/ +/i i= = +, +, 0, 0,= = =9/ =9/ = 0 0= = 80i+ 0 </+0i8 ,/9<+0= i+/89,i+ +/<+0 +, i+000i+ =9/ ,/9<+0=.F 4. I+ 0 =+0 =+0 /= /= 0 <i0@ <i0@ == == 0 0 /<+@ /<+@ ? 8,, 8,, ;@ ;@ M. M. &9< = =/9i0@ 0 8+ R=. 5 /= 00 ?= ,v+/, ;@ M. Si+8. Ti= ?= + <+0 0 0+= == ?i/ i= ,i+@ 0+=/0i+ <, ;@ i/ /9; 0,>,8 M. &9<. Ti= /+=0i090= i0 0 ; /<</i8 ,i=90. 5. S/0i S/0i+ + 2(i) S/ii, S/ii, 89F i+ 80i+ 80i+ 0 /<</i8 /<</i8 ,i=90 ,i=90 =88 =88 <+ 0 v89 0 =9;/0"<00 i+ =/0 =9i0 = ,0
T i+ 0 =+0 /= 0 /<</i8 ,i=90 ?i0 =/ii, v89= i= i+v8v,.
2
1.2 T()* * +5 *(+ T+55*5) 75* 8 *(+ D+( C44+5) C5*.
#. I0 i= 9<;8@ 9<;8@ =9;
3
13. H+/ 0 =+0 /= /<= 9+, 9+, 0 D8i C<</i8 C90= C90= 0i0i8 9i=,i/0i+.
1.3 T()* P+)59 75* )5+ C44+5) C5*.
14. I0 i= 9<;8@ =9;
3T D8i Hi C90 (A<+,<+0) A/0 2$15. 4 T C<</i8 C90= C<</i8 Divi=i+ A+, C<</i8 C<</i8 A880 Divi=i+ O Hi C90= A/0 2$15 C"II. 4
2. WHETHER THE CONTRACT SI!NED B% MR. SWARN SWARN UMAR WAS WAS A VALID CONTRACT OR NOT&
5
2$. I0 i= 9<;8@ =9;
2.1 T()* M5. S)5 4)5 ) * 4/+*+* * ; *(+ );5++4+*.
21. I0 i= 9<;8@ =9;
5I+,i+ C+0/0 A/0 1#72. 6I,. 7S/0i+ 12 I+,i+ C+0/0 A/0 1#72. 6
2.2 T()* M5. 4)5 ) ) *)*+ 8 5<++.
25. I0 i= 9<;8@ =9;
#R.&. +i I+,i+ I +,i+ C+0/0 A/0 A88;, L? A+/@ 14 0 E,i0i+ 2$$B. BY,<+8 S<* v. S<* v. "+-L "+-L 8 ,*+ . Ai 2$13 7
31. T 0i= /+=0i090 /+=0i090 0i= <+0 0 ; vi, @ , = M. &9< ?= 9+=9+, ,9i+ =i+i+ 0 <+0 +, 0 /0 i= 9+=9+,+== ?= +?+ 0 M. Si+8.
2.3 T()* M5. 4)5 * ( )=*9 * 4)<+ 5)*) +
32. I0 i= 9<;8@ =9;
1$I+,i+ C+0/0 A/0 1#72. 11S+ivR?= 11S+ivR?= /<<+0@ + I+,i+ C+0/0 A/0 1#72 237 /89=" 5. 12 I8+ S<* v. S<* v. "-+*?8* "-+*?8* S<* S<* A.I.R. 1B57 P0 0 .4B2"B3. #
3. WHETHER THE A!REEMENT SI!NED BETWEEN MR UMAR AND MR SIN!HAL IS ENFORCEABLE OR NOT&
36. I0 i= 9<;8@ =9;
/= , 8=0 xi<08@ 3 /= 0 C=i+ R@8 ' 8@i+ + $3.1$.2$16. Hi= ,=0i+ < <+@ +, /+=9<0i+ # 8/8 ;v= (#x3$<8) 8, i< 0 =i+ "?i00+ <+0 ?i0 M.Si+8 M.Si+8 (<+@ 8+, 0 /=i+) R=. 5 /=. T <+0 /+0i+, /89= 00 ?98, @ i< ,9;8 0 8+ <9+0 (R=. 1$ /=) *+ @+ +, @+ +, i+ ,980 ?98, =i+ v i= <i0@ == i+ i= /<+@ = =90@. =90 @. 37. O+ 4.1$.2$16 4.1$.2$16 M &9< , 8=0 88 i= <+@ <+@ +, ;i+ 9+;8 9+;8 0 @ ,9;8 0 8+ <9+0 = /+=K9+/ 8=0 i= <i0@ == 0 2 .<. T0 i+ ,=0 00<0 /88, M. A,i0@ + =0<, 8?@ < D8i ? //<+i, M &9< + i= 0i 0 ' ? 0+ /+0/0, M. Si+8 0 0 ,9;8 0 8+ ;90 +0 0 0 <i0@ <i0 @ =, 0 /<+@. 90 M. Si+8 9=, 0 . M. Si+8 , /K9i, 80 0i= +, /<+i= 0i= ?@ ? @.
3.1 T()* *(+ =7+* 8 *(+ );5++4+* ;+ =+*++ M5. 4)5 ) M5. S;() ) )8.
3#. I0 i= 9<;8@ =9;
13T I+,i+ C+0/0 A0 1#72. 14 N $- v.S+/,8 v.S+/,8 A88, D/ '8<+! B8 B8 A.I.R. 1BB4 A88 2B#. 1$
41. A+, =/0i+ 24 T T I+,i+ C+0/0 A/0 A/0 1#72 =00= 00 A<+0= vi, i /+=i,0i+= +, ;/0= 9+8?98 i+ 0." I +@ 0 =i+8 /+=i,0i+= + < ;/0= +@ + +@ 0 +@ + =v8 /+=i,0i+= =i+8 ;/0 i= 9+8?98 0 <+0 i= vi,.F 42. I+ 9 /= 0 ,+,+0 /8i<= 0 ; ivi+ 8+ 0 9 9 /8i+0 ;@ 900i+ ?, + <+0 ?i0 9+=+;8 +, ;i0@ 0<=. 43. T 0<= 0 8+ vi,, ;@ M. M. Si+8 ? ;i0@. ;i0@. 44. I+ 0 0 /= /= M*+* M*+* C*8 v. C*8 v. R+<, R+<, M<+! M<+! %." %."..&.C.! 15 0 H+;8 S9< C90 8, i+ 80i+ 0 0<= 8+ 00 T0 ?i/ i= +0 i +, 9=0 i= 9+=+;8. A+, A+, ?0 i= 9+=+;8 i= ;i0@. A+ ;i0@ /0i+ i= 980 vi=.F 45. I+ 0 =+0 /= M. Si+8 , i0 <+0i+, i+ i= <+0 00 M &9< ?98, @ i< ,9;8 0 8+ <9+0 (R=. 1$ /=) *+ @+. H ?= ? 0 /0 00 =+ ?98, = 8+ +8@ ?+ i= 90 <+@ 0 00 i+0 0i< +, =+ = ,9+ +, = ,=0 ?98, =i8@ /<8@ ?i0 i= 9+=+;8 <+0. H +? i M &9< 8=0 i= <+@ i+ ?98, +0 ; ;8 0 @ R=. 1$ /= 0 0 0;8 +, ?98, ?98, 0 v <i0@ == i= /<+@. 46. MSi+8= /0i+ ?= +0 ;+ i,. R0 i= i+0+0i+ ?= <8 i, +, i<<8.
3.2 T()* *(+ =7+* 8 *(+ );5++4+* ;+ =9 M5 4)5 ) 445).
47. I0 i= 9<;8@ =9;
(M &9<) ?98, @ i< ,9;8 0 8+ <9+0 (R=. 1$ /=) *+ @+ +, i+ ,980 ?98, =i+ v i= <i0@ == i+ i= /<+@ = =90@. 4#. M &9< 8=0 88 i= <+@ 0 0 0;8 +, ?= 9+;8 0 09+ ,9;8 ,9;8 0 8+ <9+0 +, = /+=K9+/ 8=0 i= <i0@ == 0 /<+@ 0 2 .<. + $4.1$.2$16. I<<,i08@ 0 /K9ii+ <i0@ == 0 /<+@ ;@ M. Si+8 =i+, /+0/0 ?i0 D8i ;=, ;= , /<+@ +<, A * M Pv0. L0,. =88i+ <i0@ == 0 /<+@. T0 i+ ,=0 00<0 /88, M. A,i0@ A,i0@ + =0<, 8?@ < D8i ? //<+i, M &9< + i= 0i 0 ' ? 0+ /+0/0, M. Si+8 0 0 ,9;8 0 8+ ;90 +0 0 0 <i0@ <i0 @ =, 0 /<+@. 90 M. Si+8 9=, 0 . M. Si+8 , /K9i, 80 0i= +, /<+i= 0i= ?@. 4B. S/0i+ 23 0 I+,i+ C+0/0 C+0/0 A/0 1#72 1#72 =00= 00 %0 /+=i,0i+ +, ;/0= 8?98 +, ?0 +0" T /+=i,0i+ ;/0 + <+0 i= 8?98 9+8==.. T /90 ,= i0 = i<<8 i <<8 =, 0 9;8i/ 8i/@.F 5$. A+, =/0i+ 24 T T I+,i+ C+0/0 A/0 A/0 1#72 =00= 00 A<+0= vi, i /+=i,0i+= +, ;/0= 9+8?98 i+ 0." I +@ 0 =i+8 /+=i,0i+= + < ;/0= +@ + +@ 0 +@ + =v8 /+=i,0i+= =i+8 ;/0 i= 9+8?98 0 <+0 i= vi,.F 51. T ;/0 <+0 ?= i<<8 = M. Si+8 <, <, M &9< =i+ 0 <+0 i+ ,9+ =00 00 0 0 vi+ /+=9<, i0 8/8 ;v= (#x3$<8) 00 /88@ <+= ?= +0 i+ =00 0 0i+ 0i+88@ +, 09= ?= +0 /<0+0 0 /+0/0 /+0/ 0 9+, =/0i+ 11 T I+,i+ C+0/0 A/0 1#72 = ?= 9+=9+,
3.3 T()* *(+ );5++4+* ;+ =9 M5. 4)5 ) );)* /= /9.
12
52. I0 i= 9<;8@ =9;
<8i0@ (iv) i i0 i= 0+08@ i888. H?v 0 C90 /90i+, 00 0 i888i0@ <9=0 0 0 0 0 <00. 5#. I+ 0i= /= M. Si+8= Si+8= <+0 <+0 i= i+=0 9;8i/ 8i/@ ;/9= , /K9i, 80 0i= +, /<+i= 0i= ?@. L00i+ 0i= <+ /K9i +0 0@ 0i= ?@ ?98, +8@ +/9 i< 0 < 8 =i+ 0i= <+0 ?i/ i= i<<8 +, i+=0 9=0i/ +, <8i0@. A =+ +0 ;i+ /<0+0 0 +0 i+0 + <+0 /++0 ; <, 0 =i+ + <+0 0 8= 88 00 = /iv, i+ i= 8i ;@ =+ ? ;@ <8 i, i+0+0i+ == 0 0 8 09 i= " ?i00+ <+0. 5B. I+ 0 0 /= /= N N $- v. v. S+/,8 A88, D/ '8<+! B8 1 + <+0 +,i+ =0090 9;8i/ 8i/@ ;i,,+ ;@ 8? i= +0 <8@ vi, ;90 i0 i= i+v8i, < +0ivi0@. I0 /++0 ;/< v8i, v+ i 0 0i= 00 0 i0.
'. WHETHER IN$UNCTION SHOULD BE !RANTED A!AINST MR SIN!HAL FROM SELLIN! MA$ORIT% OF THE SHARES OF THE COMPAN% IN THE PRESENT CASE OR NOT&
6$. I0 i= 9<;8@ =9;
1. %0 %0 0 8i 8i+0i +0i = i< i< /i /i /= /= 2. %0 %0 0 8i+0i 8i+0i ?98, =9 i; i;8 8 i+9@ i+9@ i i= @ @ 0< 0<@ @ i+9+/0i+ i= +0 +0, 3. %0 %0 0 ;8+/ ;8+/ (i+)/+v+i (i+)/+v+i+/ +/ i= i+ i+ v9 v9 0 0 8i+0i 8i+0i T ;v <+0i+, 0=0= ?i88 ; ,,==, 9+,.
'.1 T()* M5 4)5 * *(+ +5 8 *(+ ()5+.
61. I0 i= 9<;8@ =9;
1) I+=09<+0 0+= <9=0 ; x/90, ;@ ;0 0+= +, 0+=. 2) I0 <9=0 ; ,98@ =0<, 3) I0 <9=0 ; ,8iv, 0 0 /<+@ 8+ ?i0 /0ii/0 80i+ 0 == 0+=, 21 S/0i+ 56 T C<+i= A/0 2$13. 15
4) M9=0 ; i+ 0 =/i;, < +, =+0, 0 =/i;, 90i0@.
65. I0 /+ ; ;=v, 00 0 8?98 /,9 0 0+= == ?= +0 98i88,. A < 9+8?98 <+0 =i+, ;@ =+ i+/<0+0 0 /+0/0 0 0 <<+0 =i+i+ 0 <+0 8/i+ 8i+/ + ?i/ 0 ,+,+0 /8i<, 00 /K9i, 0 <i0@ == 0 /<+@ 0 2 .<. i= +0 =9i/i+0 i+ 0 @ 8? 8?98 0+= == /<+@.
'.2 T()* *+4/5)59 7* ( =+ ;5)*+.
66. I0 i= 9<;8 =9;=i0 0i= < 0+=i+ +< 222$16(3) C8. L.T. 1B2 16
+/9<;i+ 0 =9i0 0@ i+ +@ <++ ?0=v +, 8= =0i+i+ 0 =i0 0i=>,+,+0= < ,i=09;i+ ====i+ 0 8i+0i v +, i+ =/0 0 =9i0 0@ 0i88 0i/98 ,0. T =i0 0i=>,+,+0= ;i+ iv, ;@ 0 ,8+ 8, 8, 0 0 , +, 00 8 ?= 980i<08@ ,i=
'.3 T()* *(+ /)*88 88+5 55+/)5)=+ 759 8 ( /5)9+5 85 *+4/5)59 7* * ;5)*+.
7$. I0 i= <=0 9<;8@ =9;
'.' T(+ =))+ 8 >? @+++ 8)@5 8 *(+ /)*88
71. I0 i= 9<;8@ =9;
L8 23 : T ;/0 0 i+08/90@ i+9+/0i+ i= 0 0/0 0 8i+0i i+=0 i+9@ ;@ vi80i+ i= i0 ?i/ /98, +0 ; ,K908@ /<+=0, i+ ,<= /v;8 I+ 0 /0i+ i 0 9+/0i+0@ ? =8v, i+ i= v9 0 0 0i8 ;90 0 8i+0i= +, =9/ 0/0i+ <9=0 ; ?i i+=0 0 /=+,i+ +, 0 ,+,+0 0 ; 0/0, i+=0 0 i+9@ =980i+ < i= vi+ ;+ v+0, < x/i=i+ i= ?+ 88 i0= ?i/ /98, +0 ; ,K908@ /<+=0, 9+, 0 8i+0i= 9+,0i+ i+ ,<= i 0 9+/0i+0@ ? =8v, i+ 0 ,+,+0= v9 0 0 0i8. T*+ /, - ?+<* ,+ ++8 < ,*+ 8 8++-+ 8+ +-+ ?*++ *+ @/+ ,= /,++/+’ +. 72. I+/+v+i+/ i+ 0 /i/9<=0+/= i= ;9+, 0 ; ; /9=, 0 + 0 0i= 0 0 =9i0. H+/ i0 i= 0 ,90@ 0 /90 0 /+=i, i+/+v+i+/ 0 8i+0i i+=0 i+/+v+i+/ 0 ,+,+0. I 0 /90 0i+= 00 ;@ 9=i+ i+0i< i+9+/0i+ < 0 i+/+v+i+/ ?i88 ; /9=, 0 0 8i+0i i i0 ?i88 +0 i+9+/0i+. I + 0 0 +, i0 i+,= 00 ;@ +0i+ i+0i< i+9+/0i+ 0 i+/+v+i+/ ?i88 ; /9=, 0 0 ,+,+0 i0 ?i88 9= 0 8i. I0 i= ;@ /+=i,i+ /<0iv i+/+v+i+/ 00 0 /90 ?i88 x/i= 0 ,i=/0i+. 73. I+ 9 /= i 0 i+9+/0i+ i= +0 +0, M. M. &9< ?98, =9 < i+/+v+i+/ = ?i88 8= ?0 , =+0 i= +0i 8i i+ ;9i8,i+ 9 +, i0 ?98, +0 , i< 9=0i/ i i= ,+i, 0i= i+9+/0i+. M. &9< ?98, =9 <9/ < i+/+v+i+/ i 0 i+9+/0i+ i= +0 +0, 0+ 0 i+/+v+i+/ 00 M. Si+8 ?98, =9 i i+9+/0i+ i= +0,. M. Si+8 , /K9i, 80 0i= 0i= ?@ +, + < i+/+v+i+/ ?98, ; /9=, 0 i< i + i+0i< i= +0,. 24 74. A= 88 0 3 /+,i0i+= /+,i0i+= i+ v= +0i+ =9/ , i+0i< ,8+ /, , 0i= H+;8 $C90 i= 9<;8@ K9=0, 0 +0 0 =< i+ 9 /=.
231B75 AC 3B6 24C.&. T?+i T?+i Civi8 P,/9 ?i0 Li
PRA%ER FOR RELIEF
%HEREO IN THE LI'HT O ACTS O THE INSTANT CASE %RITTEN PLEADIN'S AND AUTHORITIES SI'HTED IT IS HUML! PRA!ED EORE THIS HONLE COURT THAT IT MA! E PLEASED :
T 8,: • • • •
T0 0 C<</i8 C90 D8i = 0 9i=,i/0i+ 0 0i= /=. T0 0 ==+0i8= v8i, /+0/0 +0 98i88,. T0 0 <+0 +0, ;0?+ 0 0i= i= +0 +/;8. T0 0<@ i+9+/0i+ =98, ; +0, i+=0 M. Si+8 < =88i+ <i0@ == 0 /<+@.
O
OR PASS OR PASS AN! OTHER ORDER OTHER ORDER IT IT MA! DEEM IT IN THE INTEREST O JUSTICE EUIT! AND 'OOD CONSCIENCE.
. SC+ 85 P)*88.
12