Supreme Court · 1983 INSC 123 · Decided 19 September 1983

Cotton Corporation of India v. United Industrial Bank

Court
Supreme Court of India
Citation
1983 INSC 123 · [1983] 3 S.C.R. 962
Case number
CIVIL APPEAL No. 7348/1983
Decided
19 September 1983
Bench
D.A. DESAI, V. BALAKRISHNA ERADI (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
CPC; Companies Act; Specific Relief Act Section 41(b)

Headnote

Specific Relief Act. 1963-S. 41(b)-Whether court has jurisdiction' t• trant injunction restraining any person from in~tituting any proceeding in a court not iubo!dinate to that from which injunction is sought? A Branch Manager of the respondent-Bank C(_)·accepted 16 usance bills of the of cotton made by a textile mill from the appellant-Corporation. When the usaii.ce bi,lls inatured, the Corporation called upon the Bank to make payn1ent. The Bank filed a suit against the Corporation praying inter alia for a declai"ation that the co-acceptance of the usance bills by

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