If the slave asserts wait state (HREADY=0), and master asserts HTRANS =BUSY, then should the slave wait for change of HTRANS from BUSY to NONSEQ/SEQ or should the slave change the HREADY=1. This condition happens at 'Incrementing burst of undefined length'. This is a deadlock condition; something which is not clear from AHB spec.
Got it. Thanks a lot Colin.