https://www.taxtmi.com/caselaws?id=800934 Interim protection for a proposed acquisition depends on fulfilled contractual conditions, performance of independently due obligations, and a present risk to the subject matter before preservative or mandatory relief is granted. A binding term sheet may create enforceable obligations while leaving completion conditional on due diligence, approvals, escrow, pre-conditions and definitive agreements. Loan advances do not become share-purchase consideration merely because transaction documents are read together; their character depends on the governing loan terms and contemporaneous records. An unpaid staged instalment may undermine readiness and willingness to perform. Control-oriented restraints over management or assets exceed limited preservative protection where immediate risk is not established. en-us Mon, 05 Oct 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800934 Interim protection for a proposed acquisition depends on fulfilled contractual conditions, performance of independently due obligations, and a present risk to the subject matter before preservative or mandatory relief is granted. A binding term sheet may create enforceable obligations while leaving completion conditional on due diligence, approvals, escrow, pre-conditions and definitive agreements. Loan advances do not become share-purchase consideration merely because transaction documents are read together; their character depends on the governing loan terms and contemporaneous records. An unpaid staged instalment may undermine readiness and willingness to perform. Control-oriented restraints over management or assets exceed limited preservative protection where immediate risk is not established. Case-Laws Companies Law Mon, 05 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800934