Industrial Investment Bank Of India Ltd vs Marshal'S Power & Telecom (I) Ltd.& Anr

The Supreme Court held that the Division Bench of the High Court erred in granting an interim injunction under Order XXXIX Rules 1 and 2 of the Code of Civil Procedure without properly assessing the merits of the case. The Court emphasized that the Civil Court should not intervene when a competent Tribunal is already addressing the matter, particularly regarding the enforcement of hypothecation and charge. The appeal was allowed, and the interim injunction granted by the High Court was set aside, reinforcing the principle that the jurisdiction of the Civil Court is limited when a specific Tribunal is designated to handle such disputes.