1943 (9) TMI 7

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..... , for the Respondent. JUDGMENT Horwill, J.-This is an appeal against the ex parte order of ths District Judge of Ramnad at Madura on 22nd April, 1943, read with an order dated 16th July, 1943, that the appellant and other directors of the Nagarathar National Bank, Limited, in liquidation should be examined on 5th August, 1943. A preliminary objection has been taken that no appeal lies. Althoug .....

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..... ressed his opinion that a fraud had been committed by the directors and that a public examination of them should be held. On 17th April, 1943, the District Judge called for further details, which were furnished by the Official Liquidator on 22nd April, 1943. On that date, he apparently being satisfied that materials existed justifying such public examination, passed the order now under appeal. The .....

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..... n the counter which he sought to file after the Judge had already passed orders in this matter, he says in paragraph 3 : "Except in the case of Govindan Chettiar no promissory notes were accepted by the directors in lieu of cash on allotment of shares." This sentence seems to indicate that the appellant was a party to the allotment of shares to Govindan Chettiar and is sufficient to establish a .....

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