https://www.taxtmi.com/caselaws?id=310782 A civil suit seeking interim protection over rights under a Permissive User Agreement was held not barred merely because related insolvency proceedings and a resolution plan existed, since the relief sought was distinct from the insolvency money claim and the avoidance provisions were inapplicable to the applicant. The court also held that the agreement functioned as a collateral security arrangement with a continuing cause of action until the underlying dues were adjusted, so the bar on injunctions for determinable contracts did not apply. On that basis, the ad interim injunction was restored and the appellate stay was set aside. en-us Wed, 25 Sep 2019 00:00:00 +0530 Thu, 16 Nov 2023 20:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310782 A civil suit seeking interim protection over rights under a Permissive User Agreement was held not barred merely because related insolvency proceedings and a resolution plan existed, since the relief sought was distinct from the insolvency money claim and the avoidance provisions were inapplicable to the applicant. The court also held that the agreement functioned as a collateral security arrangement with a continuing cause of action until the underlying dues were adjusted, so the bar on injunctions for determinable contracts did not apply. On that basis, the ad interim injunction was restored and the appellate stay was set aside. Case-Laws Companies Law Wed, 25 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310782