H. J. BAKER AND BROS. INC. vs THE MINERALS AND METALS TRADE CORPORATION LTD. (MMTC)

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2023 Supreme(Online)(SC) 9846

S. RAVINDRA BHAT, J
H. J. BAKER AND BROS. INC. – Appellant
Versus
THE MINERALS AND METALS TRADE CORPORATION LTD. (MMTC) – Respondent

Advocates:
For the Appellants/Petitioners: Mr. Ramesh Singh, Ms. Bina Gupta
For the Respondents: Ms. Kiran Suri

Table of Content
1. context of sulphur supply contract and mmtc's obligations. (Para 2 , 3 , 4)
2. arguments regarding breach implications and market price proof. (Para 8 , 9 , 11 , 12)
3. assessment of damages and legal principles from contract law. (Para 14 , 15 , 16)
4. final thoughts on measurement of damages and interest rate considerations. (Para 20 , 21)

JUDGEMENT

S. RAVINDRA BHAT, J.

1. Leave granted in SLP (Civil) No(s). 12870-12871 of 2011.

2. These appeals are directed against a common judgment of the Delhi High Court1, which partly interfered with an arbitration award. One appeal has been preferred by the respondent – MMTC Limited in arbitration (hereafter “MMTC”) to the extent that the impugned judgment did not set aside the award, and the 1 By final order dated 27-07-2009 in F.A.O. (OS) No. 477 of 2001. Digitally signed by VISHAL ANAND Date: 2023.08.19 12:42:09 IST Reason:

Signature Not Verified other appeal by the arbitration claimant – M/s H.J Baker & Bros. INC (hereafter “Baker”) to the extent it did.

Essential facts

3. MMTC entered into an agreement dat

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2023 Supreme(Online)(SC) 9846

S. RAVINDRA BHAT, JH. J. BAKER AND BROS. INC. – AppellantVersusTHE MINERALS AND METALS TRADE CORPORATION LTD. (MMTC) – Respondent

S. RAVINDRA BHAT, J
H. J. BAKER AND BROS. INC. – Appellant
Versus
THE MINERALS AND METALS TRADE CORPORATION LTD. (MMTC) – Respondent