KERALA HIGH COURT
Not Mentioned, Not Mentioned
Regional Science Centre v. Varghese K. Pulayath And Co.
1. Defendants 2 and 3 are the appellants. The suit was one for injunction restraining the first defendant from encashing or parting with any amount under Bank Guarantee Nos. 31/30 dated 9-1-1991 and 31/23 dated 20-10-1990 furnished to the second and third defendants pursuant to the demand of the third defendant in his letter dated 2-11-1992 and for an order of injunction restraining the second and third defendants and their officers from pressing the demand for encashing the Bank guarantees or recovering any loss without a fiat from a competent court. Plaintiff filed I. A. No. 5930 of 1992 for an order of temporary injunction restraining the first defendant - Bank from parting with any amount under Bank Guarantee Nos. 31/30 dated 9-1-1991 and 31/23 dated 20-10-1990 issued by the first defendant, to the third defendant, pending disposal of the suit. In this I.A. defendants 2 and 3 were parties. The Court below passed an ad interim order of temporary "injunction against encashing BG" (Bank Guarantee) and also ordered "Inj. & Notice".
2. This order of interim injunction was made absolute by the impugned order in this appeal. Now, facts:
3. For the purpose of construing buildings for the
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.