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Delhi High Court Ruling: Shree Balaji Laminations vs. SR Goyal Polymers

Last Updated: 22-09-2024 04:14:08pm
Delhi High Court Ruling: Shree Balaji Laminations vs. SR Goyal Polymers

On 20th September 2024, the Delhi Tall Court tended to a appeal recorded by Shree Balaji Laminations beneath CM(M) 3438/2024. The applicant looked for to challenge an arrange passed in favor of SR Goyal Polymers, which included a commercial debate with respect to non-payment for provided merchandise.

 

Case Foundation

Shree Balaji Laminations, spoken to by Mr. Arun Baali, fought that the installment due for products provided to SR Goyal Polymers had not been honored. In spite of rehashed demands, the respondent fizzled to fulfill its legally binding commitment, driving to lawful procedures. SR Goyal Polymers, be that as it may, raised issues with respect to the quality and timeline of the products conveyed, debating the petitioner's claim for full installment. 

Legal Arguments

The petitioner argued that all conditions of the agreement were met, and non-payment amounted to a breach of contract. They sought relief through recovery of the due amount with interest. The respondent, on the other hand, argued that defective goods were supplied, justifying the non-payment.

 

Court’s Decision

The Delhi High Court emphasized the importance of maintaining contractual obligations and ruled that prima facie evidence supported Shree Balaji Laminations’ claim. However, the Court recognized the need for a detailed inquiry into the quality concerns raised by SR Goyal Polymers. While it granted an interim order instructing SR Goyal Polymers to deposit a portion of the claimed amount as security pending settlement of the dispute, it permitted the trial court's proceedings to proceed.

This decision demonstrates the Court's impartiality in making sure that parties fulfill their end of the bargain and that quality disputes are fairly resolved.

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TAGS: Delhi High Court Shree Balaji Laminations SR Goyal Polymers commercial dispute breach of contract payment dispute contractual obligations.


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