Catchwords:
EQUITY – Interlocutory relief – where defendant seeks interlocutory injunction that the plaintiffs pay 40% of certain tax rebates received by the first plaintiff into a controlled monies account – where defendant established a serious question to be tried – whether balance of convenience favours the grant of an injunction – whether damages an adequate remedy –where the first plaintiff provided an undertaking not to reduce its cash levels beyond the amount claimed by the defendant, excepting payments incurred in the ordinary course of business – interlocutory injunction refused on basis of undertaking
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