https://www.taxtmi.com/caselaws?id=188780 The appeal was dismissed, and the High Court's decree holding the shipowners liable for damages was upheld. The court found that the shipowners' misrepresentation and collusion with the seller constituted deceit, leading to the Bank making payments it otherwise would not have made. The court held that all elements of deceit were present, and the shipowners were knowingly involved in issuing clean bills of lading with the intent to deceive. en-us Tue, 29 Mar 1966 00:00:00 +0530 Fri, 16 Dec 2016 12:53:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188780 The appeal was dismissed, and the High Court's decree holding the shipowners liable for damages was upheld. The court found that the shipowners' misrepresentation and collusion with the seller constituted deceit, leading to the Bank making payments it otherwise would not have made. The court held that all elements of deceit were present, and the shipowners were knowingly involved in issuing clean bills of lading with the intent to deceive. Case-Laws Indian Laws Tue, 29 Mar 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188780