P.K.SHYAMSUNDAR
LIFE INSURANCE CORPORATION – Appellant
Versus
BANGALORE L. I. C. EMPLOYEES HOUSING CO-OP. SOCIETY LTD. – Respondent
( 1 ) THIS appeal is from an order made by the 15th City Civil Judge, Bangalore, on i. As. 2 and 3 in 0 S No. 4369 of 1986, on the 31st of January 1987. By the aforesaid order the learned Judge, affirmed the ad interim injunction granted to the plaintiff in the suit, restraining in particular the 1st defendant from utilising for its own purpose the suit property being a vacant land measuring 5 acres in extent, situate in the city of Bangalore, during the pendency of the suit.
( 2 ) IT would appear, the 1st defendant in the suit being the Life Insurance corporation of India. (to be shortly called the 'corporation') who is admittedly the owner of the suit plot had arranged for laying a foundation stone on the 26th of september, 1986 signifying the commencement of a project for constructing 122 houses on the suit plot for the benefit of the policy holders of the Corporation, accredited to the Bangalore Division.
( 3 ) BY an ad interim injunction the court stopped any steps being taken in furtherance to the programme of foundation laying on the 26th of September, 1986, with the result the scheme of building houses for the policy holders on the suit plot has now come to
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