M/s. BINANI COMMERCIAL CO., LTD. vs RAMANLAL, MAGANLAL MEHTA

The Supreme Court held that the Supply and Prices of Goods Act, 1950, specifically Sections 4(1)(c) and 5(1)(c), validly empowers the Central Government to fix maximum quantities of goods that may be sold. The Court ruled that an agreement to sell non-ferrous metals exceeding the fixed maximum is void under Section 5(1)(c). The notification issued by the Government was upheld as valid, and the appellant's claim for damages for breach of contract was denied as the agreement contravened the statutory provisions.