Supreme Court · 1960 INSC 229 · Decided 30 November 1960
MESSRS. Basant Lal Banarsi Lal v. Bansi Lal Dagdulal
- Court
- Supreme Court of India
- Citation
- 1960 INSC 229 · [1961] 2 S.C.R. 780
- Case number
- CIVIL APPEAL No. 264/1956
- Decided
- 30 November 1960
- Bench
- P.B. GAJENDRAGADKAR, A.K. SARKAR, K. SUBBA RAO, K.N. WANCHOO, J.R. MUDHOLKAR (5-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 372; Arbitration Act
Headnote
30. 780 SUPREME COURT REPORTS [1961] MESSRS. BASANT LAL BANARSI LAL v. BANSI LAL DAGDULAL (P. B. GAJENDRAGADKAR, A. K. SARKAR, K. SUBBA RAO, K. N. WANCHOO and J. R. MUDHOLKAR, JJ.) Forward Contracts in Oilseeds-If illegal in Greater Bombay-­ Bombay Forward Contracts Control Act, r947 (Bom. contained an arbitration clause. Disputes having arisen in March, 1952, in respect of these contracts, they were referred to arbitration and a compo­ site award was made on October 7, 1952, against the respondent. One of these disputes had arisen out of a forward contract in groundnuts. The
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