https://www.taxtmi.com/caselaws?id=470736 Guarantee covenants requiring disclosure and preservation of assets can support interim restraints over both scheduled property and undisclosed non-suit assets where non-disclosure creates a risk of dissipation. Order XXXIX Rule 1(b) of the Code of Civil Procedure permits protective injunctions against property dealings intended to defeat creditors, and lack of asset particulars caused by a guarantor's refusal to disclose does not defeat such relief. Personal obligations under guarantees and negative-lien undertakings may found territorial jurisdiction where defendants reside. Pre-institution mediation under the Commercial Courts Act is not mandatory where urgent interim protection against alienation or dissipation of assets is sought. en-us Mon, 17 May 2021 00:00:00 +0530 Thu, 06 Aug 2026 15:07:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470736 Guarantee covenants requiring disclosure and preservation of assets can support interim restraints over both scheduled property and undisclosed non-suit assets where non-disclosure creates a risk of dissipation. Order XXXIX Rule 1(b) of the Code of Civil Procedure permits protective injunctions against property dealings intended to defeat creditors, and lack of asset particulars caused by a guarantor's refusal to disclose does not defeat such relief. Personal obligations under guarantees and negative-lien undertakings may found territorial jurisdiction where defendants reside. Pre-institution mediation under the Commercial Courts Act is not mandatory where urgent interim protection against alienation or dissipation of assets is sought. Case-Laws Indian Laws Mon, 17 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470736