( 1 ) THERE are two suits filed by two sets of persons touching the same property and seeking more or less : identical reliefs, though in a bit little different backdrop of events. Two applications in the two suits seeking similar reliefs have been heard analogously and are proposed to be disposed of by this common order.

( 2 ) IN the peculiar facts and circumstances of these cases, the length and the vehemence with which the matters have been argued by the learned counsel appearing for the parties require the facts being noticed in a little more details. On each and every point arising for decision, even at this preliminary stage of the suits, the parties and the learned counsel have been at divergence. The only point on which all of them have expressed consensus is that some of the issues arising for decision have farreaching implications and consequences of significance for the public at large.

( 3 ) ON 19. 11. 1994, ANZ Grindlays Bank, (hereinafter REFERRED TO to as the Bank, for short) has filed suit No. 2581/94 accompanied by anurgent application seeking ad interim injunction. It was a non working Saturday. Counsel for the plaintiff made a special mention, impress