The court found that the proposed parties, though shareholders and directors of the 1st Defendant, were not necessary parties to the suit. The Plaintiff’s claim was against the company and its directors who executed guarantees and debentures, not against the proposed parties in their personal capacities. The company’s separate legal personality means that the interests of the proposed parties as shareholders or directors do not require their joinder for the court to fully and finally determine the issues in dispute. The validity of the board resolution appointing a trustee for the proposed parties during their minority, and the transactions entered into on their behalf, are not central to the Plaintiff’s claim and can be addressed in separate proceedings if necessary. The application for joinder was therefore dismissed as their presence was not necessary for the complete adjudication of the suit.