C.Y.SOMAYAJULU, MOTILAL B.NAIK
Global Trust Bank Ltd. , Sarojini Devi Road Branch, Secunderabad – Appellant
Versus
Kakatiya Cement, Sugar and Industries Ltd. , Hyderabad – Respondent
( 1 ) M/s. Kakatiya Cement Sugar and industries Limited (hereinafter referred to as the plaintiff), which is the first respondent in all these proceedings, filed o. S. No. 333 of 1999 on the file of the Court of the III Senior Civil Judge, Secunderabad, seeking a mandatory injunction against the global Trust Bank (hereinafter referred to as the defendant), which is the appellant in c. M. A. No. 3422 of 1999, second respondent in C. M. A. No. 3527 of 1999 and C. R. P. No. 5742 of 1999, to implement its instructions dated 27-9-1999 by directing it to transfer the credit balance in its deposit account to its current account, and filed i. A. No. 1365 of 1999 in the said suit seeking an injunction restraining the defendant from disbursing any amount in its deposit account to anybody. An ex parte ad-interim injunction was granted therein against the defendant directing the defendant not to disburse the amount of Rs. 200 lakhs kept in fixed deposit by the plaintiff on 10-10-1996 by way of escrow arrangement. Defendant put in its appearance, and filed its counter in I. A. No. 1365 of 1999. Subsequently sri S. R. Kailash (hereinafter referred to as third party) filed th
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