Chaman Lal Pandhi and S. L. Pandhi, for the respondents.
C. Chatterjee, B. C. Mishra, B. R. G. K. Achar and M. V Goswami, for the appellant.
891 of 1964 Appeal by special leave from the judgment and decree dated October 30, 1961 of the Allahabad High Court in Letters Patent Appeal No.
The Judgment of the Court was delivered by Wanchoo, J. This is an appeal by special leave against the judgment and decree of tie Allahabad High Court.
The appellant is a registered partnership carrying on business at Kanpur.
83 of 1951.
The appellant then went in appeal to, a Division Bench The Division Bench upheld the view taken by the learned Company Judge and dismissed the appeal.
It entered into an agreement in December 1948 with the VijiaLakshmi Sugar Mills Limited, Doiwala, District Dehra Dun hereinafter referred to as the Mills and was appointed sole selling agent of the Mills.
6/ per cent per annum to be paid by the Mills.
50,000/with the said Mill as a security for the due performance of the companytract on their part, on which amount the Mill shall pay interest to the said firm at the.
rate of 6 per cent per annum.
In November 1949 an order was passed.
CIVIL APPELLATE JURISDICTION Civil Appeal No.
According to the terms of the agreement, the appellant ,deposited a sum of Rs.
50,000/ as security for due performance of the companytract, and this amount was to carry interest at the rate of Rs.
8 and 9 bet ween the appellant and the Mills which call for companysideration in the present case are these That the firm has deposited sum of Rs.
The High Court having refused to grant a certificate, the appellant applied for an obtained special leave from this Court, and that is how the matter has companye before US.
