(1.) This action has come up for admission before us today. We perused the averments in the complaint and other connected documents filed alongwith it. Such perusal reveals the following factors :
(2.) The complainants, mother and son, are the Directors of a Company registered under the Companies Act, 1956, and they are engaged in the manufacture of HDPE/pp Circular Woven Sacks, having their factory at No. A-4, SIPCOT Industrial Estate, Cuddalore (for short, "the Company" ).
(3.) The 1st opposite party is the Bharath Overseas Bank Ltd. , represented by its General Manager, Head Office at No.756, Anna Salai, Chennai-600 002.