2004 (7) TMI 374

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... udgment and decree dated 10-8-1994 passed in Civil Suit No. 85-A/93 by 2nd Additional District Judge whereby the suit for declaration and injunction of the appellant was dismissed. 2. The case of the appellant/plaintiff is that the appellant has purchased the share of 11,000 from M/s. Sidharth Tubes Ltd. each share having value of Rs. 10 as described in the schedule of the plaint. That the pla .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . The learned Trial Court has further held that M/s. Sidharth Tubes Ltd. was entitled to pay the amount of the dividends to the persons in whose name the share was issued and the plaintiff is not entitled to get the injunction and declaration prayed by him. 4. This fact is rightly not disputed that the share belonged to M/s. Sidharth Tubes Ltd. and the plaintiff has purchased the shares from s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... m he has purchased the shares as a party in suit. The plaintiff has not filed any papers to show that the shareholders or the brokers from whom the shares were purchased have informed the defendant M/s. Sidharth Tubes Ltd. about the sale of the shares to the plaintiff. According to the contract between the defendant M/s. Sidharth Tubes Ltd. and the shareholders, the shares in the name of persons o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X