M/S Associates Trading Company v. Indian Oil Corporation and Anr.
Case brief
What is this about?
On the undertaking to pay Rs. 30 lakhs and reopen the outlet, the Court directed the Respondents to revoke the termination notice. It was clarified that the petitioner remains bound by Clause 23 of the Dealership Agreement regarding rental and other expenses.
What did the court decide?
Respondents directed to revoke the termination letter dated 29.12.2023.