Standstill Agreement
Legal definition for Indian law research
Definition
standstill agreement
: an agreement providing for the preservation of the status quo for a specified or indefinite period: as
a : an agreement under which litigation is forestalled between two parties
b : an agreement under which a party agrees to refrain from taking further steps to acquire control of a corporation (as by additional purchases of stock)
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.