BIMAL CHANDRA BASAK, J.

( 1 ) THIS appeal arises out of an order passed by the Trial Court in an application of the applicant Allied Resins Chemicals Ltd. , for inter alia, (a) an injunction restraining the defendant No. 1 whether by itself or its servant or agent or otherwise howsoever from receiving or purporting to receive or demanding or purporting to demand any payment or acting in pursuance of the said guarantee dated 20th July, 1979, the said extension dated 14th December 1979 and the said demands dated 23rd July and 26th July, 1980 or any of them in any way. (b) An injunction restraining the defendant No. 2 whether by itself or its servant or agent or otherwise howsoever from making or purporting to make any payment or acting in pursuance of the said guarantee dated 20 July 1979, the said extension dated 14th Dec. 1979 and the said demands dated 23rd July and 26th July 1980 or any of them in any way.

( 2 ) THE plaintiff-appellant carries on business under the name and style of R. Sen and Company, Metal Division, as sole proprietor thereof. The defendant respondent No. 1 is a Government of India undertaking which acts as the canalising agent in respect of the imports of ch

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