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    <title>1998 (9) TMI 693 - MADRAS HIGH COURT</title>
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    <description>The court dismissed the appeal, affirming the decision to deny the interim injunction. It held that the letter of intent did not constitute a concluded contract, rendering the negative covenants unenforceable. The court found that the balance of convenience did not support granting the injunction, as it would cause greater harm to the respondents. The court stressed that the order&#039;s opinions were provisional and should not impact the trial court&#039;s final ruling.</description>
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      <title>1998 (9) TMI 693 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=299755</link>
      <description>The court dismissed the appeal, affirming the decision to deny the interim injunction. It held that the letter of intent did not constitute a concluded contract, rendering the negative covenants unenforceable. The court found that the balance of convenience did not support granting the injunction, as it would cause greater harm to the respondents. The court stressed that the order&#039;s opinions were provisional and should not impact the trial court&#039;s final ruling.</description>
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