P.SATYANARAYANA RAJU, VENKATESAM
Mirriyala China Subbaraidu – Appellant
Versus
Kallarsu Mahadeva Rao – Respondent
( 1 ) ON the strength of the decision of a Division Bench of the Madras High Court in Ramaswami v. G. Rudrappa, AIR 1939 Mad 688 : 1939 Mad W N 464, the learned counsel for the appellant has contended that what Section 63 of the Contract Act permits is not an agreement to remit in future but an actual remission and that a promise to remit requires consideration in order to a binding contract.
( 2 ) REFERRING to this decision, a Division Bench of the Calcutta High Court, consisting of B. K. Mukherjea J. , (as he then was) and Pal J. , in Jitendra Chandra Roy v. S. N. Banerjee, AIR 1943 Cal 181 pointed out as follows : -"in 1939 Mad W N 464 : AIR 1939 Mad 688, the point was not discussed properly, but the proposition of law was sought to be supported with reference to illustrations (b), (c), and (d) attached to Section 63, Contract Act. In our opinion, this is not a sound view to take and it clearly goes against the express words of the section. "
( 3 ) AFTER considering Section 63 with the illustrations attached thereto, the learned Judges of the Calcutta High Court pointed out as follows :"in our opinion, it is open to the promisee to remit a portion of the
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.