Mr.Jigar Mahendra Sheth, v. Sucram Pharmaceuticals Pvt. Ltd.
Case brief
What is this about?
Keywords: Limitation Act 1963 Section 18 acknowledgment; Article 15 Schedule limitation for goods with agreed credit period (75 days); COVID limitation exclusion Supreme Court order 10.01.2022 In re Cognizance for Extension of Limitation Suo Motu Writ Petition (C) No.3 of 2020; Section 25(3) Indian Contract Act 1872 express promise to pay time-barred debt; M.S.N. Charities v. Pilla Ramarao (2009) 03 AP CK 0033 distinguished; N.Ethirajulu Naidu v. K.R.Chinnikrishnan Chettiar AIR 1975 Mad 333 distinguished; piercing corporate veil Managing Director personal liability private limited company; Section 12A Commercial Courts Act 2015 pre-institution mediation non-starter report; suit by power-of-attorney agent maintainability; commercial interest rate 12% versus invoice rate 21% unsigned invoices; recovery of price of pharmaceutical raw materials invoices lorry receipts affidavit of admission and denial; Madras High Court Commercial Division C.S.(Comm.Div.) 110/2022 decree Rs.77,83,826 plus 12% interest and Rs.7,00,000 costs.