HINDUSTAN PETROLEUM CORP LTD vs M.I MALLICK ANDORS

The Supreme Court addressed the validity of dealership agreements under which the dealer was prohibited from transferring interest without prior written consent from the corporation, as per Clauses 14 and 17 of the agreements. The Court held that any transfer of dealership rights without consent is void, reinforcing the principle that contractual obligations must be adhered to strictly. The appeal was dismissed, affirming the lower court's ruling regarding the dealership's continuity and the binding nature of the agreements.