Principle

APPELLATE PRACTICE – Interlocutory Injunction Pending Appeal – When Court Will Grant Injunction Despite Existence of Bank Guarantee

Area of law
APPELLATE PRACTICE
Court
Supreme Court

A court may grant an interlocutory injunction pending appeal even where a bank guarantee exists, if the applicant has arguable grounds and the res is substantial. The court should not be placed in utter helplessness if the res disappears. The colossal amount involved compels caution.…

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