https://www.taxtmi.com/article/detailed?id=586 Mareva injunctions allow an ex parte restraint on a defendant and those controlling the defendant's assets to prevent disposal of assets within the court's jurisdiction where affidavit evidence shows a real risk that dissipation would defeat satisfaction of an eventual judgment; relief is conditional on the claimant's cross-undertaking to compensate for wrongful harm and indemnify third parties, is ad personam, does not alter creditor priority, and permits the defendant, under court supervision, to meet reasonable expenses from frozen funds. en-us Thu, 03 Dec 2009 14:15:16 +0530 Sat, 14 Sep 2013 22:53:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=586 Mareva injunctions allow an ex parte restraint on a defendant and those controlling the defendant's assets to prevent disposal of assets within the court's jurisdiction where affidavit evidence shows a real risk that dissipation would defeat satisfaction of an eventual judgment; relief is conditional on the claimant's cross-undertaking to compensate for wrongful harm and indemnify third parties, is ad personam, does not alter creditor priority, and permits the defendant, under court supervision, to meet reasonable expenses from frozen funds. Articles Corporate Laws / IBC / SEBI Thu, 03 Dec 2009 14:15:16 +0530 https://www.taxtmi.com/article/detailed?id=586