C.M.NAYAR
THAKRAL AND SONS – Appellant
Versus
INDIAN PETRO CHEMICALS CORPORATION LIMITED – Respondent
( 1 ) THE present suit has been filed by the plaintiff for recovery of Rs. 2,08,200. 00 against the. defendants.
( 2 ) THE brief facts of the case are that the plaintiff is a registered partnership under the Indian Partnership Act, 1932, carrying on its business at AT 50/3, Baljit Nagar, New Delhi. Shri Des Raj son of Shri Gaila Ram is one of the registered partners and is competent to file the suit sign and verify the pleadings. Suit No. l341/ 79 Defendant No. 1 is a corporation, engaged in the manufacture and selling of various products including the product by the name of Koylene Waste Wax or "p. P. Wax". Defendant no. 2 is the branch office of defendant no. I and defendant no. 3 is the Chairman and Managing Director of defendants I and 2. It is alleged that the defendants had been selling their product koylene Waste Wax or p. P. Wax at the rate of Rs. 3000. 00 per metric ton but were unable to clear their huge stock of the waste at the above said rate and, therefore, in order to clear the piled up stock of waste, defendant no. 2 offered to sell to the plaintiff this product at the reduced rate of RS. IOOO. 00 per metric ton on or about June 4, 1979. Plaintiff
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