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Issues:
1. Whether the High Court has the power to issue an injunction to restrain the respondent from executing a decree. 2. Whether the High Courts possess an equitable jurisdiction to issue an injunction in appropriate cases. 3. Whether the petitioner's appeal against the order refusing to set aside the ex parte decree has prospects of success and warrants a stay of execution. Analysis: 1. The judgment addresses the issue of whether the High Court has the power to issue an injunction to restrain the respondent from executing a decree. The Court considered the argument that a High Court is not restricted to the terms of the Civil Procedure Code and possesses an equitable power to control proceedings in other Courts. Reference was made to English precedents where the Court restrained individuals from enforcing judgments obtained in breach of obligations. The Court acknowledged that a High Court may possess an equitable jurisdiction beyond the provisions of the Code, citing relevant case law to support this view. 2. The judgment delves into the question of whether High Courts have an equitable jurisdiction to issue injunctions in appropriate cases. It refers to past decisions that recognized the High Court's power to issue injunctions independently of the Civil Procedure Code. The Court highlighted a case where it was held that a High Court has the power to issue injunctions in suitable circumstances, emphasizing that the Court is not bound by the terms of the Code in issuing injunctions. The judgment concludes that the Court has the authority to restrain the holder of a decree when proceedings may lead to incompatible consequences. 3. The judgment also evaluates the merits of the petitioner's appeal against the order refusing to set aside the ex parte decree. The Court noted that the appeal had prospects of success as the decree was substantial, with a significant amount already paid. The petitioner sought a stay due to economic difficulties in raising the balance. Considering these circumstances, the Court granted the petitioner's request for a stay of execution, subject to the petitioner furnishing security and complying with specified conditions. The Court ordered an injunction against the decree-holder until the disposal of the Civil Miscellaneous Appeal, provided the petitioner met the conditions within a specified timeframe. In conclusion, the judgment clarifies the High Court's power to issue injunctions, discusses the equitable jurisdiction of High Courts, and grants a stay of execution based on the merits of the petitioner's appeal and the circumstances presented.
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