SEETHARAMA REDDY, J.

( 1 ) THESE two C. M. As. Arise out of a common order and so they will be disposed of by a common judgment.

( 2 ) THE appellant filed a suit in O. S. No. 150/83 on the file of the Ist Additional Subordinate Judge, Vizag. , for permanent injunction and pending the same, he filed I. A. 291/83 for interim injunction restraining the respondent from terminating the contract. The interim injunction was granted. Thereafter the respondent herein filed two applications I. A. 280/83 for vacating the interim injunction and I. A. 281/83 for stay of trial of the suit under Section 34 of the Arbitration Act. By common order dated 15-7-1983, the injunction was vacated and stay of the trial of the suit was ordered. Hence, the aforesaid two C. M. As.

( 3 ) A brief format of the case may be drawn: Visakhapatnam Steel Project (V. S. P.), entered into a contract with the respondent-company, a Government of India Undertaking, with the 100% share-capital, for levelling up the entire land within the area earmarked towards the Project. The respondent in turn entered into various subcontracts, the one being in favour of the appellant-sub-contractor herein. The work entrusted to the app