Supreme Court · 1968 INSC 80 · Decided 26 March 1968
State of Kerala v. Cochin Chemical Refineries LTD.
- Court
- Supreme Court of India
- Citation
- 1968 INSC 80 · [1968] 3 S.C.R. 556
- Case number
- CIVIL APPEAL No. 741/1965
- Decided
- 26 March 1968
- Bench
- J.C. SHAH, V. RAMASWAMI, G.K. MITTER (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
8 Contract-Mor{f:age deed providing for loan to company and for sup­ ply of goods by company to mortgagee-Sale price to be adiusted against loan and interest-Mortgagee not cdvancing loon-I/ relieved of obliga­ tion to purchase goods-Whether liable for da1nages for .'lot advancing loan and and one of its directors in favour of the State of Keral::i. It was provided inter alia by the terms of the deed that in consideration of the State granting a loan of a sum of lls. 2.5 lakhs to the company, the laUer wou1U supply lo the State 3.000 tons of ground-nut cake Yyjthin a specified
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)