https://www.taxtmi.com/caselaws?id=165278 The Supreme Court upheld the interim injunction restraining the appellant from recovering damages by appropriating amounts due under other contracts. It clarified that Clause 18 of the General Conditions of Contract applies only to sums presently due and payable, not to disputed claims for damages pending adjudication. The Court affirmed its jurisdiction under Section 41(b) read with the Second Schedule of the Indian Arbitration Act, 1940, to issue such interim injunctions. The appeals were dismissed, and the appellant was ordered to pay the respondent's costs. en-us Tue, 12 Mar 1974 00:00:00 +0530 Wed, 06 Aug 2014 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165278 The Supreme Court upheld the interim injunction restraining the appellant from recovering damages by appropriating amounts due under other contracts. It clarified that Clause 18 of the General Conditions of Contract applies only to sums presently due and payable, not to disputed claims for damages pending adjudication. The Court affirmed its jurisdiction under Section 41(b) read with the Second Schedule of the Indian Arbitration Act, 1940, to issue such interim injunctions. The appeals were dismissed, and the appellant was ordered to pay the respondent's costs. Case-Laws Companies Law Tue, 12 Mar 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165278