https://www.taxtmi.com/caselaws?id=288686 The HC held that a person not impleaded in the suit may appeal with leave if directly bound by, aggrieved by, or prejudicially affected by an interim order, so lack of party status alone does not defeat maintainability. It also reaffirmed that a confirmed irrevocable letter of credit is an autonomous banking undertaking: once the required documents are accepted, the bank must pay, and intervention is justified only in a clear case of established fraud known to the bank. As the alleged discrepancies were trivial and the dispute concerned the underlying sale and goods, the ex parte injunction restraining payment was unsustainable and was vacated. en-us Fri, 30 Mar 1984 00:00:00 +0530 Tue, 23 Jun 2020 10:18:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288686 The HC held that a person not impleaded in the suit may appeal with leave if directly bound by, aggrieved by, or prejudicially affected by an interim order, so lack of party status alone does not defeat maintainability. It also reaffirmed that a confirmed irrevocable letter of credit is an autonomous banking undertaking: once the required documents are accepted, the bank must pay, and intervention is justified only in a clear case of established fraud known to the bank. As the alleged discrepancies were trivial and the dispute concerned the underlying sale and goods, the ex parte injunction restraining payment was unsustainable and was vacated. Case-Laws Indian Laws Fri, 30 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288686