I agree with laundry.
There are two different torques to talk about:
Max steady state torque goes as 1/N above rated speed. This is required to keep power (current) from exceeding rated based on thermal limits.
Available breakdown torque (applicable to momentary overload) goes as 1/N^2 above rated speed. This is due to T~(volts/hz)^2.
So above rated speed, available breakdown torque decreases faster than max steady state torque.
So if breakdown torque was 200% at base speed and max steady state torque was 100%, than at 200% speed, breakdown torque would be the same as max steady state torque (1/4*200%=1/2*100%) and there is no momentary overload capability at all. In practice I believe speed increase is often limited to around 150%.
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