This content is restricted to site members. If you are an existing user, please log in. New users may register below.Existing Users Log InUsername or EmailPassword Remember Me Forgot password? Click here to resetNew User? Click here to register Post navigation Injunction–Since a Bank Guarantee or a Letter of Credit is an independent and a separate contract and is absolute in nature, the existence of any dispute between the parties to the contract is not a ground for issuing an order of injunction to restrain its enforcement of. Civil Procedure Code, 1908 (CPC) – Section 34 – Interest – Rate of – Determination of – Quantum of interest a Court may allow in a given case, governed by the facts of the case and not by any precedent unless limited by statute.