R.SUBRAMANIAN
TamilNadu State Marketing Corporation Ltd. , Rep. by its Managing Director, T. Soundiah – Appellant
Versus
Reliance General Insurance Co. Ltd. , Rep. by its Regional Head – Respondent
JUDGMENT :
(Prayer: Plaint filed under Order IV Rule 1 of the Original Side Rules read with Order VII Rule 1 of the Code of Civil Procedure, praying for the following judgment and decree :-
(a) To pay a sum of Rs.3,51,14,655/- together with interest @ 18% on Rs.2,57,45,245/- from the date of plaint till the date of realisation;
(b) Directing the defendants to pay cost;)
1. The plaintiff, which is a statutory Corporation wholly owned by the Government of Tamil Nadu, has filed the above suit seeking a money decree for a sum of Rs.3,51,14,655/- with subsequent interest at 18% per annum and for costs.
2. The plaint averments are as follows:
2.1. The plaintiff holds the monopoly for supply of Indian Made Foreign Spirits (IMFS)/Beer products all over the State. The plaintiff has its godowns and outlets spread across the State. Upon purchase of the products namely IMFS/Beer they are transported through lorries arranged by the manufacturers and suppliers from their breweries or distilleries to the 41 stock points of the plaintiff. At times there are inter stock point transfer of the produc
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.