1989 (9) TMI 318

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....or the Respondent. JUDGMENT The petitioner, admittedly, is an ex-employee of the respondent-company. Many of the facts are not in dispute and they are as under; he was employed as a full-time technical director on a specified salary and allowances and other perquisites that went with it. In accordance with the requirements of the Companies Act and the Rules made thereunder, his appointment w....

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....ntment and the agreement which he was required to execute in that behalf is also not disputed. The agreement itself is not produced by the petitioner. However, he has filed an application to summon that agreement from the respondent-company. I do not think that this court should embark on an investigation of the terms of the agreement until the petitioner establishes that he has the locus standi t....

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.... other hand, it is admitted that no such determination has been made by the company at its general meeting. If that is not done, this court cannot investigate the claims for compensation for loss of office on account of his resignation whatever the provocation or reason may be, then grant him compensation, thereafter treat him as a creditor and then wind up the company for non-payment thereof. The....