Supreme Court of India · 1959-01-20
JUTE & GUNNY BROKERS LTD. vs M/S. NEW CENTRAL JUTE MILLS CO., LTD.
- Citation / case number
- SC 1954/90248
- Court
- Supreme Court of India
- Petitioner
- JUTE & GUNNY BROKERS LTD.
- Respondent
- M/S. NEW CENTRAL JUTE MILLS CO., LTD.
- Bench
- DAS, SUDHI RANJAN (CJ),DAS, S.K.,GAJENDRAGADKAR, P.B.,WANCHOO, K.N.,HIDAYATULLAH, M.
Judgment text excerpt
The Supreme Court held that the Raw Jute (Central Jute Board and Miscellaneous Provisions) Act, 1951, sections 5, 6, and 7, were applicable to the contract in question due to the legal fiction established in section 16 of the Act. The Court clarified that the notification issued under the Ordinance was to be deemed as issued under the Act, thus validating the contract and making the award enforceable. The appeal was allowed, overturning the High Court's decision that had declared the award null and void.