Prima facie trading on prior order knowledge justified refusal to dilute the deposit condition in interim relief proceedings.

Prima facie evidence from WhatsApp screenshots taken from one appellant's device, cash transfers between him and Ketan Parekh, and a trade pattern suggesting instructions based on prior knowledge of a big client's impending orders justified refusing dilution of the deposit condition to 50% of the estimated wrongful gain. On the facts before the Tribunal, the request for interim relief was unsupported, and the interim prayer was rejected.

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Issues: Whether the appellants were entitled to interim relief on a condition of depositing only 50% of the estimated wrongful gain, and whether the interim prayer deserved acceptance.

Analysis: The Tribunal noted that the WhatsApp screenshots were taken from the device of one appellant, that the record showed cash transfers between him and Ketan Parekh, and that the trade pattern prima facie indicated trading instructions based on prior knowledge of the Big Client's impending orders. In these circumstances, the request to dilute the deposit condition to 50% was found to be unsupported on the facts placed before the Tribunal.

Conclusion: The appellants were not entitled to the interim relief sought, and the interim prayer was rejected.

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