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2008 Supreme(Mad) 3037

M.CHOCKALINGAM, M.VENUGOPAL
Octrix Holdings (S) Pvt. Ltd. & Others – Appellant
Versus
Vrikish Transworld Holdings Ltd. – Respondent


Advocates Appeared:
For the Appellants :B. Kumar, T.V. Ramanujan, R. Krishnaswami, Senior Advocates, K. Chandrasekaran, Srinath Sridevan, R. Umasuthan, N.V. Srinivasan for N.V.S. Associates, Advocates.
For the Respondents:R2, S. Venkateswaran, P.S. Raman, Senior Advocate for Sathish Parasaran, R. Krishnamoorthy, Senior Advocate for K.J. Chandran, Advocate.

Judgment :-

M. Chockalingam, J.

This judgment shall govern all the above fifteen appeals. They challenge an order of the learned Single Judge made in O.A.Nos.355 and 356 of 2005 in C.S.No.307 of 2005, O.A.Nos.409 and 410 of 2005 and Application No.2461 of 2005 in C.S.No.341 of 2005 and O.A.Nos.481 and 482 of 2005 and Application Nos.2459 and 2460 of 2005 in C.S.No.417 of 2005.

2. The first respondent in OSA No.263 of 2005 as plaintiff filed a suit in C.S.No.307 of 2005 seeking for a permanent injunction restraining the third defendant from in any manner invoking and/or realising payment under the LC No.3308M/05 dated 7.1.2005 issued by the 1st defendant and also for a permanent injunction restraining the defendants 1 and 2 from making payment under the LC No.3308M/05 dated 7.1.2005 to the third defendant or anyone claiming under or through them. While doing so, the plaintiff filed O.A.Nos.355 and 356 of 2005 for interim injunction with the following allegations:

(a) The applicant/plaintiff is an importer of melting scrap. They have been dealing with the third defendant, and his representative met the applicant and represented that they would be in a position to supply light melting scr











































































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