https://www.taxtmi.com/caselaws?id=287860 A negative covenant in a commercial agreement may be enforceable, but an injunction will issue only where restraint is reasonable and necessary to protect a legitimate interest. Here, the Court found that damages were an adequate remedy, the petitioner already had marketing arrangements in the relevant territory, and the respondent would suffer prejudice if restrained after altering its business position. On that factual balance, the balance of convenience did not support interim relief, so the ex parte ad interim injunction was vacated and the restraint application was refused. en-us Wed, 30 Mar 1983 00:00:00 +0530 Wed, 06 May 2020 10:07:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287860 A negative covenant in a commercial agreement may be enforceable, but an injunction will issue only where restraint is reasonable and necessary to protect a legitimate interest. Here, the Court found that damages were an adequate remedy, the petitioner already had marketing arrangements in the relevant territory, and the respondent would suffer prejudice if restrained after altering its business position. On that factual balance, the balance of convenience did not support interim relief, so the ex parte ad interim injunction was vacated and the restraint application was refused. Case-Laws Indian Laws Wed, 30 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287860