https://www.taxtmi.com/caselaws?id=197393 An amendment clarifying the true subject matter of the suit was permitted because the share identification error arose from an apparent interchange of company names, the dispute remained unchanged, and the case was still at an early stage. Interim protection over the disputed shares was continued because the record disclosed a serious factual controversy over whether the transaction was a secured loan or an outright sale, making trial necessary. The Court found a prima facie case, balance of convenience, and irreparable injury, but balanced equities by requiring deposit of the admitted amount with interest and an undertaking to compensate any loss. en-us Tue, 21 Apr 2009 00:00:00 +0530 Fri, 05 Jan 2018 12:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197393 An amendment clarifying the true subject matter of the suit was permitted because the share identification error arose from an apparent interchange of company names, the dispute remained unchanged, and the case was still at an early stage. Interim protection over the disputed shares was continued because the record disclosed a serious factual controversy over whether the transaction was a secured loan or an outright sale, making trial necessary. The Court found a prima facie case, balance of convenience, and irreparable injury, but balanced equities by requiring deposit of the admitted amount with interest and an undertaking to compensate any loss. Case-Laws Companies Law Tue, 21 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197393