Supreme Court of India

Khardah Company Ltd. v. Raymon & Co. (india) Private Ltd.

Neutral citation
Reported as [1963] 3 S.C.R. 183
Bench T.L. Venkatarama Aiyyar J.
Decided 4 May 1962

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

5 Supreme Court benches have cited this judgment.

What the Court ordered

In the result the appeals are allowed with costs.one set throughout and one hearing fee.

Judgment, page 26

From the headnote

Forward Contract-Contract for Bale ·of goods-Govern­ ment notification forbidding forward contracts other than non­ transferable specific delivery contracts-Validity of the contract­ Clause providing' for arbitration-Clause, if valid even if con­ tract were invalid-Parties appearing before arbitrator-Estoppel -Forward Contracts (Regulation) Act, 1952 (74 of 1952), ss. 2 (c) (f) (i) (m) (n), 15(1), 17, 18(1). - On September 7, 1955, the appellant company entered into a contract with the respondents for the purchase of cer­ tain bales of jute cuttings to be delivered by the resp@ndents in equal

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