SC: An interim order directing a Co. not to alienate its asset didn’t amount to creation of charge i

CL : Whereby through an interim order the company-in-liquidation was directed, not to charge encumber or alienate any of its assets except with the leave of court, including the assets listed in the respective undertaking given by the company. Since the injunction was issued only to ensure that the company-in-liquidation does not further encumber or create charges in favour of third parties over the assets of the company in liquidation therefore, neither the interim order nor undertaking given b