HARDESH ORES PVT.LTD. vs M/S HEDE & CO.

The Supreme Court upheld the High Court's decision affirming the dismissal of suits filed by Sociedade de Fomento Industrial Pvt. Ltd. and Hardesh Ores Pvt. Ltd. under Order VII Rule 11 of the Code of Civil Procedure, ruling that the suits were barred by limitation. The Court clarified that the agreements in question, executed on 23.10.1996, had a five-year term with renewal options, but the claims were not initiated within the prescribed limitation period. Consequently, the appeals were dismissed, affirming the lower courts' findings on limitation.