As per case facts, the petitioner provided a loan to the respondent, secured by various agreements including a conditional mortgage requiring an NOC from a third party. The petitioner alleged ... default due to the non-receipt of the NOC, sales of secured properties, and changes in the respondent's constitution without permission, leading to an application for interim relief including an escrow account for sale proceeds. The respondent contended that the mortgage condition was not met due to an ongoing arbitration with the third party and that regular interest payments were being made, which the petitioner accepted even after a loan recall notice, implying waiver. The question arose whether the petitioner established a prima facie case for urgent interim relief, considering the alleged defaults and the respondent's consistent payment history. Finally, the Court found no immediate default warranting urgent interim relief like an escrow account, noting the conditional nature of the mortgage, the respondent's ongoing payments, and the petitioner's delay. The court stated that such an order would interfere with the respondent's business, allowing the petitioner to approach an arbitral tribunal for interim orders while directing the respondent to disclose future sales and received amounts.