BABU LAL vs M/S. VIJAY SOLVEX LTD .

The Supreme Court upheld the High Court's decision to modify the interim order under Order XXXIX Rule 1,2 of the CPC, which set aside the temporary injunction granted to the appellants in a suit concerning immovable properties and partnership firms. The Court emphasized that the balance of convenience and irreparable loss must be assessed in light of ongoing litigation and the potential for multiplicity of suits. The Court confirmed the requirement for the production of audited accounts by the parties involved, thereby ensuring transparency in the proceedings.