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Jul 07 2004

Citibank N.A. Vs. Standard Chartered Bank

Court : Supreme Court of India

Decided on : Jul-07-2004

Subject : BankingCommercial

Acts : Special Courts (Trial of Offences Relating to Transactions in Securities) Act, 1992; Indian Contract Act - Sections 41, 62 and 63; Evidence Act, 1872 - Sections 114; Constitution of India - Article 142

Reported in : III(2004)BC531; 2004(6)BomCR74; [2004]121CompCas491(SC); (2004)3CompLJ129(SC); JT2004(5)SC280; 2004(6)SCALE165; (2004)6SCC1; [2004]53SCL518(SC); 2005(1)LC60(SC)

dismissed as such. Banking - Special Courts (Trial of Offences Relating to Transactions in Securities) Act, 1992 - Indian Contract Act - Sections 41, 62 and 63 - Evidence Act, 1872 - Section 114 - Banker receipt - Citibank

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Mar 12 1974

Union of India (Uoi) Vs. Raman Iron Foundry Overruled

Court : Supreme Court of India

Decided on : Mar-12-1974

Subject : Arbitration

Acts : Arbitration Act, 1940 - Sections 41; Transfer of Property Act - Sections 6; Indian Contract Act, 1872 - Sections 74

Reported in : AIR1974SC1265; (1974)2SCC231; [1974]3SCR556; MANU/SC/0005/1974

of the respondent all throughout. Arbitration - interpretation - Section 41 of Arbitration Act, 1940, Section 74 of Indian Contract Act, 1872, Section 6 of Transfer of Property Act and Indian Law - interpretation of Clause 18 of General Conditions of

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Apr 01 1968

Bharat Sarvodaya Mills Co. Ltd. Vs. Mohatta Brothers Overruled

Court : Gujarat

Decided on : Apr-01-1968

Subject : Civil

Acts : Partnership Act, 1932 - Sections 4, 30, 31(1), 31(2), 32, 32(3), 34, 39, 40, 41, 42, 43, 44, 58, 59, 60, 61, 62, 63, 63(1), 69(2) and 69(3); Code of Civil Procedure (CPC), 1908 - Sections 86 and 87B - Order 30, Rules 1, 1(1), 1(2), 2, 2(1), 2(2), 2(3) and 4; Indian Contract Act, 1872 - Sections 45 and 70; Constitution of India - Article 133(1)

Reported in : AIR1969Guj178; (1969)GLR457

equally by all the partners who are compromises and all of whom are under Section 45 of the Indian Contract Act, 1872, joined together in enforcing the promise against a third party promisor. The suit by a firm as we … in accordance with the contract between the partners. There may be a compulsory dissolution of a firm under Section 41 or on the happening of certain contingencies as under Section 42 or a dissolution by notice of partnership

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Apr 20 2009

Pranab Kumar Pal Vs. Ltz. Investment Pvt. Ltd. and ors.

Court : Supreme Court of India

Decided on : Apr-20-2009

Subject : CompanyContract

Acts : Companies Act, 1956 - Sections 235, 237, 398, 402 and 403; Indian Contract Act, 1872 - Sections 27; Specific Relief Act, 1963 - Sections 14 and 41

Reported in : 2009BusLR406(SC); JT2009(14)SC319; 2009(6)SCALE779; (2009)6SCC689; 2009(4)LC1881(SC)

which is completely antithetical to the freedom of employment of an individual enshrined in Section 27 of the Indian Contract Act, 1872 (in short `Contract Act') read with Section 14 and Section 41 of the Specific Relief Act, 1963 (in

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Dec 02 1997

V. Sadasivan and 36 Others Vs. Binny Limited Represented by Its Chairm ...

Court : Chennai

Decided on : Dec-02-1997

Subject : Labour and industrial

Acts : Constitution of India, Articles 8, 12, 14, 21, 39, 41 and 226 -- Constitution of India -- Article 12 -- Rule 9(1) Indian Contract Act, 1872 -- Sections 23; Industrial Disputes Act, 1947 -- Sections 2, 12(3), 18(1), 25-F, 25-N, 25-O, 25J and 25II Companies Act, Sections 617; Indian Tourism Development Corporation (Conduct, Discipline and Appeal) Rules 1878 -- Rule 31 (v)

Reported in : 1998(1)CTC1; [1998(79)FLR97]

service - Articles 8, 12, 14, 21, 39, 41 and 226 of Constitution of India, Section 23 of Indian Contract Act, 1872, Sections 2, 12 (3), 18 (1), 25-F, 25-N, 25-O, 25-J and 25-I of Industrial Disputes Act, 1947, Section

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Feb 27 2007

Gea Energy System India Ltd. Vs. Germanischer Lloyd Aktiengesellschaft

Court : Chennai

Decided on : Feb-27-2007

Subject : Company

Acts : Indian Contract Act, 1872 - Sections 27; Specific Relief Act, 1963 - Sections 14, 41 and 42; Companies Act, 1956; Code of Civil Procedure (CPC) - Order 39, Rules 1 and 2; Companies Regulation - Regulation 73(2)

Reported in : [2009]149CompCas689(Mad)

to take cognisance of such a merger that had taken place behind their back.19. Section 27 of the Indian Contract Act, 1872, reads as follows:27. Agreement in restraint of trade void.--Every agreement by which anyone is restrained from exercising a … venture business, the respondent-company also will have to share 50 per cent. loss. To invoke the provisions under Section 41 of the Specific Relief Act, the joint venture agreement should be in vogue. But, here, in this case,

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Nov 18 1959

Sorabji Hormusha Joshi and Co. Vs. V.M. Ismail and anr.

Court : Chennai

Decided on : Nov-18-1959

Subject : Commercial

Acts : Indian Contract Act, 1872; Sale of Goods Act, 1930 - Sections 13(1), 15, 16, 16(2), 41 and 471; English Sale of Goods Act, 1893; Uniform Sales Act; Indian Sale of Goods Act, 1953; Sale of Goods and Partnership Act, 1950; Sale of Goods Act (India and Pakistan), 1957;

Reported in : AIR1960Mad520

both these points is the same in England, U. S. A. and India.(7) Before the passing of the Indian Contract Act, 1872, the rules of English law, including those in the Statute of Frauds were applied within the limits of … and Co. Ltd. (1920) 1 KB 850; Hardy and Co. v. Hillerns and Fowler (1923) 2 KB 490.(20) Section 41 of the Act gives the buyer a right to inspection and unless he has had an opportunity of

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Oct 08 2003

Citi Bank N.A. Vs. Standard Chartered Bank and ors.

Court : Supreme Court of India

Decided on : Oct-08-2003

Subject : CommercialBanking

Acts : Special Courts (Trial of Offences Relating to Transactions in Securities) Act, 1992; Indian Contract Act - Sections 41, 62 and 63; Constitution of India - Article 142; Evidence Act, 1872 - Sections 114

Reported in : AIR2003SC4630; I(2004)BC211(SC); [2003]117CompCas554(SC); (2004)1CompLJ121(SC); 2004(2)CTC374; JT2003(10)SC597; 2003(8)SCALE364; (2004)1SCC12; [2003]47SCL582(SC); 2004(1)LC

light of these facts, let us now consider the effect of Section 41, 62 and 63 of the Indian Contract Act, 1872. The same are reproduced here under for ready reference:'41. Effect of accepting performance from third person. - When

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Sep 27 2002

Sai Baba Vs. Md. Kareem Khan

Court : Andhra Pradesh

Decided on : Sep-27-2002

Subject : ContractProperty

Acts : Andhra Pradesh Buildings (Lease, Rent and Eviction) Control Act, 1960; Special Relief Act - Sections 6; Rent Control Act - Sections 10; Indian Contract Act - Sections 17; Evidence Act,1872 - Sections 40, 41, 42 and 44; Constitution of India - Articles 133, 226 and 227; Code of Civil Procedure (CPC) - Sections 115

Reported in : 2003(3)ALD403

jurisdiction to evict them. 19. I will now deal with the aspect of fraud. Section 17 of the Indian Contract Act states that fraud means and includes the active concealment of a fact by a party having knowledge or … party to a proceeding can establish that any judgment, order or decree, which is relevant under Sections 40, 41 or 42 of the Act, was obtained by fraud or collusion. 20. The apex Court in S.P.CHENGALVARAYA NAIDU

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Oct 24 2006

Yanala Malleshwari and ors. Vs. Ananthula Sayamma and ors.

Court : Andhra Pradesh

Decided on : Oct-24-2006

Subject : Property

Acts : Indian Registration Act, 1908 - Sections 17 to 22, 17(1), 17(2), 23A, 32, 32A, 34, 35, 49, 58, 59, 60, 60(2), 61, 61(2), 69, 71, 72 and 77; Transfer of Property Act, 1882 - Sections 4, 5 to 34, 38 to 53A, 54 to 57, 59, 107, 123 and 126; Specific Relief Act, 1963 - Sections 13, 15, 17, 21, 31, 31(2), 33, 34 and 49; Indian Contract Act, 1872 - Sections 13, 14, 15, 16, 17, 18, 19, 20, 23, 25, 29 and 65; Evidence Act - Sections 73; Indian Stamp Act, 1899 - Sections 35; Specific Relief Act, 1877 - Sections 18, 34, 39 and 41; Indian Registration Act, 1866; Indian Registration Act, 1871; Indian Registration Act, 1877; Registration and Other Related Laws (Amendment) Act, 2001; West Bengal Land Reforms Act, 1955 - Sections 4B; Andhra Pradesh Stamp (Amendment) Act, 1922; General Clau

Reported in : 2006(6)ALT523; 2007(1)CTC97; AIR2007AP57; 2007(2)AIRKarR382(FB)

individual civil right to the buyer, if such sale is in accordance with entrenched common law principles. The Indian Contract Act, 1872, Specific Relief Act and Transfer of Property Act, essentially deal with, among others - the contract of sale. … the ground that the transferor (ostensible owner) was not authorized to make it. That is the purport of Section 41 of TP Act. Under Section 42 of TP Act, the transferor (seller) can always reserve power to revoke

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