( 1 ) IN the suit plaintiff has sought a decree declaring that two letters dated 3rd July 1991 issued by defendant No. 2 invoking the bank guarantees mentioned in the said letters are illegal, inoperative and void. Plaintiff has also sought a decree for permanent injunction against defendant No. 1 State Bank of India from making payment to defendant No. 2 of Rs. 5 lakhs and Rs. 4,38,000. 00 being the amounts of the two bank guarantees. The plaintiff has further prayed that defendant No. 2 shall be restrained from receiving the said amounts from defendant No. 1. By this application filed under 0. 39, Rr. 1 and 2 read with S. 151, Civil Procedure Code plaintiff prays that pending the decision of the suit defendant No. 1 be restrained from making payments and defendant No. 2 be restrained from receiving the said payments of the said bank guarantees. Briefly, the facts pleaded in the plaint are as under:

( 2 ) THE plaintiff is a private limited com- pany engaged in the construction of civil works. Defendant No. 2 by notice advertised for pre-qualification of bidders for construc- tion of a complex at Bikaner. The bid of the plaintiff being the lowest was accepted. Communi