Mumbai Court October 1945 Judgments
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Mohanlal Chhaganlal Shah Vs. Bissesarlal Chirawalla and ors.
Court: Mumbai
Decided on: Oct-04-1945
Reported in: AIR1947Bom268
Bhagwati, J.1. The plaintiff and the defendants two merchants and members of the Bombay Bullion Exchange, Ltd.2. There were transactions between the plaintiff and the defendants for purchase and sale of gold in the month or September 1944, which transactions were subject to the rules and regulations of the Bombay Bullion Exchange, Ltd. According to the plaintiff there were sales of 1000 tolas of gold effected on the respective dates, September 13, 1944, September 14, 1944, and September 16, 1944. These transactions are admitted by the defendants. There were also transactions for the purchase of 500 tolas of gold on September 16,1944, which again are admitted by the defendants. The defendants, however, contend that there were two transactions for purchase of 500 tolas of gold by the plaintiff from the defendants effected on September 15, 1944, which transactions are disputed by the plaintiff. On this state of affairs the plaintiff contends that as against the transactions for the sale o...
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