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Supreme Court of India

Chrisomar Corporation v. Mjr Steels Private Limited & Anr.

Neutral citation
Reported as [2017] 14 S.C.R. 17
Bench R. F. Nariman and Sanjay Kishan Kaul JJ.
Decided 14 September 2017

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.

What the Court ordered

We are of the view that the High Court's conclusion that there was a novatio of the original agreement on the facts of the present case is incorrect.

Judgment, page 48

From the headnote

Contract Act, I872 - ss.62, 63 - Applicability of.:.. Vessel in question owned by one Third Element Enterprises, a Cyprus company :-- Appellant-plaintiff supplied bunkers and other necessaries to the vessel and raised invoices which were not paid bv Third Element - Admiralty suit filed by appellant praying for arrest of the vessel - Vessel arrested - Subsequently, howeve1; appellant did not proceed with the matter as the parties had reached .an out of court settlement/agreement dtd. I 8. I .2000 - But, since no payment was made to the appellant, the vessel was re-arrested on 2.5.2000 -

Authorities it was built on

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