Supreme Court of India · 2008-02-21
S.S. International vs Electronics Corpn. Of India And Anr
- Court
- Supreme Court of India
- Petitioner
- S.S. International
- Respondent
- Electronics Corpn. Of India And Anr
- Bench
- A.K.Mathur, Altamas Kabir
Judgment text excerpt
The Supreme Court upheld the Andhra Pradesh High Court's decision to partly decree a suit for Rs.5,28,624.41 with interest at 6% from the date of the decree, emphasizing the need for staggered payments in five monthly installments. The Court confirmed that the appellant must pay the principal amount along with interest, with the first installment due on 1st March 2008. The judgment also stipulated that the respondent must deliver the machine to the appellant upon full payment, with transport costs borne by the appellant.