https://www.taxtmi.com/caselaws?id=168728 The Supreme Court upheld the Division Bench's decision affirming the vacating of an interim order of status quo regarding an injunction on receiving payment under a Letter of Credit. The Court found no grounds to grant an injunction to restrain payment, as the alleged fraud did not vitiate the entire transaction and the appellant failed to show irretrievable harm or injustice. The appeal was dismissed, emphasizing that the findings were not final for the High Court's consideration of the injunction application. en-us Tue, 07 Aug 2007 00:00:00 +0530 Fri, 13 Nov 2015 23:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168728 The Supreme Court upheld the Division Bench's decision affirming the vacating of an interim order of status quo regarding an injunction on receiving payment under a Letter of Credit. The Court found no grounds to grant an injunction to restrain payment, as the alleged fraud did not vitiate the entire transaction and the appellant failed to show irretrievable harm or injustice. The appeal was dismissed, emphasizing that the findings were not final for the High Court's consideration of the injunction application. Case-Laws Indian Laws Tue, 07 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168728