PENDSE
Northern Sales – Appellant
Versus
Reliable Extraction Industries – Respondent
2. The petitioner is a Company incorporated under the laws of Manotoba, Canada, and carries on business as exporters of oilseeds; while the respondent is a Company incorporated in India and carries on business as importer of oilseeds. By contract dated June 23, 1978 the petitioner agreed to sell to the respondent 1000 Metric tons of No. 1 Canadian Rapeseed, 5 per cent more or less at Sellers' option. The price agreed was United States Dollars 285 per metric ton, in bulk, cost, insurance and freight, Bombay Free Out. The contract stipulated that the discharge rate at Bombay would be minimum of 750 metric tons per weather working day, and for a demurrage rate of US $ 4000 per day and for despatch at half the rate. There were certain special conditions annexed to the contra
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