https://www.taxtmi.com/caselaws?id=304446 The High Court allowed the appeals, setting aside the orders of the Court below granting interim injunctions. It dismissed the applications for interim relief, holding that the invocation of the Bank Guarantees was proper and did not constitute fraud. The Court reiterated the principles governing the invocation of Bank Guarantees and found that the plaintiff's allegations did not meet the threshold for granting an injunction. en-us Mon, 06 Jan 2020 00:00:00 +0530 Tue, 27 Sep 2022 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304446 The High Court allowed the appeals, setting aside the orders of the Court below granting interim injunctions. It dismissed the applications for interim relief, holding that the invocation of the Bank Guarantees was proper and did not constitute fraud. The Court reiterated the principles governing the invocation of Bank Guarantees and found that the plaintiff's allegations did not meet the threshold for granting an injunction. Case-Laws Insolvency and Bankruptcy Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304446