KALYAN JYOTI SENGUPTA
Veer Probhu Marketing Limited and etc. – Appellant
Versus
National Supply Corporation – Respondent
ORDER :- The aforesaid three applications are heard together as there is identity in issue, as regard fact and law though separate suits are filed. The aforesaid three applications have been taken out by Arab Bank for Investment and Foreign Trade who is the second defendant in all these three suits, for vacating and/or discharge of interim orders granted by this Court on interlocutory applications made in the three suits separately. The short fact of the case for which the aforesaid three suits were filed and consequently the application for vacating interim order of injunction was made, are stated hereunder :
2. The plaintiffs in all the three suits being the suppliers and exporters of diverse kinds of agro-commodities, in course of their business sold and supplied to defendant No. 1 under several agreements certain quantities of chickpeas, coffee, natural Indian white rice and rice. In terms of the said agreement the first defendant in all these three suits for due payment of price of the above goods furnished irrevocable letter of credit in favour of all the plaintiffs. The plaintiffs in all these suits also furnished bank guarantee in the amount of 10 per cent of the am
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