M.Gowrishankaran & 48 Others v. K.C.P.Sugars And Industries

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED 17.03.2017

CORAM

THE HONOURABLE Mr.JUSTICE P.KALAIYARASAN C.S.No.92 of 2006

1. M.Gowrishankaran

2. N.Prabhakkaran

3. S.R.K.Prasad

4. V.R.K Grand Sons Rep. By S.R.K.Prasad

5. Aravind Kumar

6. Jaypore Sugar Company Rep. By N.Prasad

7. D. Chitty Babu

8. S.T Janarthanan

9. Y. Anwar Basha

10. Puruchothaman Naidu

11. R.Veeramani

12. P.Durai

13. A.Amsabai

14. P.S Elangovan

15. K.R.Venkatesan

16. S. Soundarajan

17. P.Babu

18. G. Perumal

19. V.Vijayakumar

20. B.Vishu

21. D.Chandrakantha

22. V.Ragavender Singh

23. S.Jaishankar

24. S.Thangamani

25. M.C.Balaji

26. P.Madankumar

27. V.Arunachalam

28. J.Sentamil Arasu

29. P.Rajesh

30. C.Velu

31. K.Palanisamy

32. K.Anandhu

33. D.Chandrasekar

34. J.Mohan

35. C.Senthil kumar

36. K.Prakash

37. K.S.Arasakumar

38. P.Bright

39. K.Kannan

40. E.Palani

41. T.Srinivasan

42. R.Arunkumar

43. M.Srinivasan

44. T.S.Hariraman

45. M.Jeyarathinam

46. L.Tiagaiah

47. G.S.Talin

48. A.Vakkil

49. A.Murugesh ... Plaintiffs Vs

1. K.C.P.Sugars and Industries Corporation Ltd., 239, Anna Salai, Chennai 600 006.

2. Irmgard Velagapudi M.Rao,

3. V.Kiran Rao

4. Rajeswari Ramakrishnan

5. K.A.Rangaswamy

6. P.Subramani

7. Vinod R.Sethi ... Defendants Plaint filed under Order IV of O.S Rules read with Rule 1 of The Code of Civil Procedure, praying for Judgment and decree against the defendants; [a] declaring that the purported the Extraordinary General Meeting of the 1st defendant Company held on 18.01.2006 is illegal, in violation of law and applicable procedures, vitiated by the presence of and intimidation by non-

shareholders including rowdy elements and private security personal wielding weapons and vitiated by denial of rights to large section of shareholders to participate and vote at the meeting and according the proceedings of the Meeting including any Resolution of the Meeting are unenforceable and not binding on the 1st defendant Company;

[b] granting a consequential permanent injunction restraining the 1st defendant Company and its Directors and Officers from enforcing, implementing or giving effect to any of the resolutions purportedly passed at the Extraordinary General Meeting of the 1st defendant Company held on 18.01.2006; and [c] granting the plaintiff the cost of the suit. For Plaintiffs : Mr.K.Magesh For Defendants : M/s.A.R.Karunakaran for D5 Ms. Kalpana for D3 Mr.Rahul Balaji for D7 Mr.G.R.M.Palaniappan for D4

J U D G M E N T

Learned counsel for the plaintiffs seek permission of this Court to withdraw this suit, as the matter is settled out of Court between the parties and he has also made an endorsement to that effect on the plaint.

2. In view of the endorsement made by the learned counsel for the plaintiffs, this Suit is dismissed as withdrawn. Since the plaintiffs are not claiming the court fee, the court fee is ordered to be forfeited. No costs. 17.03.2017 bsm/gya

P.KALAIYARASAN, J.

gya C.S.No.92 of 2006 17.03.2017 http://www.judis.nic.in