SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

1997 Supreme(Del) 142

B.K.RAMAMOORTHY
LARSEN AND TOUBRO LIMITED – Appellant
Versus
COMMERCIAL ELECTRIC WORKS – Respondent


Advocates Appeared:
P.K.JAIN, R.L.Kohli, RAJIV KAPOOR

K. Ramamoorthy

( 1 ) THE plaintiff has filed the suit against the three defendants. Originally it was filed against two defendants but later on it transpired that the first defendant M/s. Commercial Electric Work was a partnership concern and third defendant was one of the partners was impleaded as the third defendant.

( 2 ) THE suit is for the recovery of Rs. 1,18,492. 66 with future interest @ 18% per annum. The defendants are carrying on their business for die purchase and sale of various electrical goods. The defendants were acting as Stockists of the switchgears etc. of the plaintiff from 1962. There was a break in relationship and the same was resumed with effect from 1. 4. 70. The plaintiff used to supply goods on credit and the payment made through cheques by the defendants is to be credited to the accounts of the defendants. The account, was mutual open and current. The cheques issued by the defendants were invariably dishonoured and the amounts were debited in the account of the defendants.

( 3 ) THE plaintiff stopped supply on and after 20. 7. 76. On 3. 11. 76 and 25. 11. 76 the plaintiff raised two debit notes towards interest and debited the said amount to the account o



















Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top