Munuswamy Naidu served as the President of the Justice Party from 1928 to 1932. Under his leadership, the Justice Party won the 1930 Madras Assembly elections and Munuswamy Naidu served as Chief Minister or Premier from 1930 to 1932. During Naidu's tenure, Madras was engulfed in a financial crisis arising out of the Great Depression. His tenure is also remembered for his clash with zamindars and his rivalry with the Raja of Bobbili. Naidu resigned in 1932 sensing serious opposition in party ranks. He lost the leadership of the party to the Raja of Bobbili and eventually retired from active politics. Munuswamy Naidu died in 1935.