https://www.taxtmi.com/caselaws?id=197924 A post-expiry right of first refusal was held unenforceable because, once sought to operate beyond the contractual term, it amounted to a restraint on trade under Section 27 of the Indian Contract Act, and the reasonableness doctrine could not save it outside the statutory exception. Interim injunction under Section 9 of the Arbitration and Conciliation Act was also refused because enforcing the covenant would, in substance, compel specific performance of a personal and fiduciary service arrangement barred by the Specific Relief Act. The Court held that money compensation was the appropriate remedy and sustained the refusal of injunctive relief. en-us Wed, 22 Mar 2006 00:00:00 +0530 Thu, 18 Jan 2018 10:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197924 A post-expiry right of first refusal was held unenforceable because, once sought to operate beyond the contractual term, it amounted to a restraint on trade under Section 27 of the Indian Contract Act, and the reasonableness doctrine could not save it outside the statutory exception. Interim injunction under Section 9 of the Arbitration and Conciliation Act was also refused because enforcing the covenant would, in substance, compel specific performance of a personal and fiduciary service arrangement barred by the Specific Relief Act. The Court held that money compensation was the appropriate remedy and sustained the refusal of injunctive relief. Case-Laws Indian Laws Wed, 22 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197924