CAPLIN POINT LABORATORIES LTD. Vs. A.G.PANNEERSELVAM

JUDGEMENT

(1.) The reliefs sought for in the suit are as follows:-

(2.) The plaintiff's case in brief is as follows: The plaintiff is a Private Limited Company and it was incorporated on 16.04.1990 under the provisions of the Companies Act, 1956 and from 23.04.1993, it became a Public Limited Company. The plaintiff engages in manufacture, sale and export of pharmaceutical products and formulations to several countries all over the world and thereby enjoys goodwill and reputation, not only in India, but in several foreign countries. Therefore , the plaintiff is required at all time to ensure its name and goodwill are preserved and protected and it is not tarnished in any manner.

(3.) The plaintiff would state that in the year 1994, it came with an Initial Public Offer and offered its shares to the public at the rate of Rs.10/- per equity share. The shares of the plaintiff was traded in the Stock Exchange at Rs.1,366/- at the time of filing of the suit. The earning of the plaintiff in the financial year was Rs.224.14 Crores and in the financial year 2018-19, it was Rs.572.30 Crores.