Purchase order as contract: qualifying purchase orders can serve as the deed of contract under Project Import Regulations. A purchase order that contains the essential ingredients of a valid contract-free consent of competent parties, lawful consideration, lawful object, and not being void under statute-shall be treated as a deed of contract for the purpose of Regulation 5 of the Project Import Regulations, 1986; importers must apply for registration at the port and furnish the original deed along with a true copy, and pending cases should be finalized accordingly.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Purchase order as contract: qualifying purchase orders can serve as the deed of contract under Project Import Regulations.
A purchase order that contains the essential ingredients of a valid contract-free consent of competent parties, lawful consideration, lawful object, and not being void under statute-shall be treated as a deed of contract for the purpose of Regulation 5 of the Project Import Regulations, 1986; importers must apply for registration at the port and furnish the original deed along with a true copy, and pending cases should be finalized accordingly.
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