Ashok Leyland Limited v. Universal Logistics
Case brief
What is this about?
Suit for recovery for imported axle beams and power steering gears destroyed by fire while stored in the 1st defendant's customs bonded warehouse. The court held the licence-holder custodian liable for failing to take proper care, rejected liability of the customs department, and decreed only the proved value of goods at 6% interest, excluding unproved customs duty and storage charges.
What did the court decide?
Decree against 1st defendant for Rs.1,79,87,289 with 6% p.a. interest from date of plaint till realisation; two months' time for payment; no costs.