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    <title>1928 (2) TMI 1 - ALLAHABAD HIGH COURT</title>
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    <description>Written correspondence did not create any express term requiring monthly instalments or monthly interest on the loan, as the only agreed time for repayment was within two years. The share transaction for 500 ordinary and 500 preference shares was a concluded contract; the plaintiff&#039;s repudiation amounted to breach, and damages were limited to market loss at the date of breach because the shares were unascertained, no transfer was completed, and the seller had a duty to mitigate by reasonable resale. No express agreement was proved to combine the franc and share transactions into one account, and silence did not create estoppel or a power to terminate the plaintiff&#039;s vested rights in the franc transaction.</description>
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    <pubDate>Tue, 14 Feb 1928 00:00:00 +0530</pubDate>
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      <title>1928 (2) TMI 1 - ALLAHABAD HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=175221</link>
      <description>Written correspondence did not create any express term requiring monthly instalments or monthly interest on the loan, as the only agreed time for repayment was within two years. The share transaction for 500 ordinary and 500 preference shares was a concluded contract; the plaintiff&#039;s repudiation amounted to breach, and damages were limited to market loss at the date of breach because the shares were unascertained, no transfer was completed, and the seller had a duty to mitigate by reasonable resale. No express agreement was proved to combine the franc and share transactions into one account, and silence did not create estoppel or a power to terminate the plaintiff&#039;s vested rights in the franc transaction.</description>
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      <pubDate>Tue, 14 Feb 1928 00:00:00 +0530</pubDate>
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