M/S GANGOTRI ENTERPRISES LTD. vs UNION OF INDIA .

The Supreme Court upheld the High Court's dismissal of the appellant's appeal against the refusal to grant an interim injunction to restrain the encashment of a Bank Guarantee. The Court emphasized that the appellant failed to demonstrate a prima facie case for the injunction, as the contract was terminated due to non-completion of work within the stipulated time. The judgment reinforces the principle that a party seeking an injunction must show a strong likelihood of success on the merits, which the appellant did not establish.