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    <title>2026 (7) TMI 1460 - BOMBAY HIGH COURT</title>
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    <description>Statutory NCLT jurisdiction for debenture redemption does not prima facie exclude civil jurisdiction over composite claims to enforce independent guarantees, mortgages and pledge arrangements unless those reliefs fall within the NCLT&#039;s express adjudicatory power. Pre-institution mediation requirements did not bar the suit because participating entities had undergone mediation resulting in a failure report, and urgent protective relief was sought. As default and the unpaid debt were not seriously disputed, dealings with mortgaged properties and pledged securities were restrained without prior written consent; broader interim measures, including asset disclosure, deposit, attachment and receivership, were not justified because existing security was not shown to be inadequate.</description>
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