Supreme Court of India
United Bank of India v. Ramdas Mahadeo Prashad and Ors.
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1 Supreme Court bench has cited this judgment.
From the headnote
Contract Act, 1872--Section 62-Enforcement of contract-Dispute between parties-Suit-During pendency parties arriving at Memorandum of Understanding and entering into compromise-However, parties not complying with the terms and conditions stipulated in the Memorandum of Understanding and acting upon them-Effect of-Held: party in breach cannot seek to enforce a contract-The Memorandum of Understanding does not amount to concluded contract or novation of contract under Section 62. Respondent filed suit regarding under-writing commitment in public issue against appellant-bank. During pendency of
Where later benches applied it
Of those, 1 mentioned
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