1994 (3) TMI 283

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....led by the Petitioner/company to issue a writ of mandamus forbearing the respondents from interfer-ing/prevent- ing the public issue of the petitioner-company opening on 16-3-1994 in any manner. 2. It appears that on 9-3-1994, an application was filed by one Mr. Peter Huber before the Company Law Board, Madras Bench, for restraining the petitioner from going ahead with the public issue. It was co....

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....ndents 1 and 2 viz., Ind Bank and Bank of Baroda about the order passed by the Company Law Board on 10-3-1994 and between 10-3-1994 and 15-3-1994, the 1st respondent, which was actively involved in the public issue, never expressed any intention of withdrawing from the issue. However, at about 4-15 P.M., on 15-3-1994, the petitioner was informed over phone that respondents 1 and 2 are withdrawing ....