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    <title>1949 (7) TMI 2 - PRIVY COUNCIL</title>
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    <description>The appeal was dismissed, and the cross-appeal was allowed. The court held that the higher royalty rates were contingent on reduced freight charges and would revert to lower rates if freight charges increased. Overpaid royalties were recoverable under Section 72 of the Indian Contract Act, allowing the respondent to set off the overpayment against future royalties. The plaintiff&#039;s suit was dismissed, with costs awarded to the defendant.</description>
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    <pubDate>Mon, 18 Jul 1949 00:00:00 +0530</pubDate>
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      <title>1949 (7) TMI 2 - PRIVY COUNCIL</title>
      <link>https://www.taxtmi.com/caselaws?id=192876</link>
      <description>The appeal was dismissed, and the cross-appeal was allowed. The court held that the higher royalty rates were contingent on reduced freight charges and would revert to lower rates if freight charges increased. Overpaid royalties were recoverable under Section 72 of the Indian Contract Act, allowing the respondent to set off the overpayment against future royalties. The plaintiff&#039;s suit was dismissed, with costs awarded to the defendant.</description>
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      <pubDate>Mon, 18 Jul 1949 00:00:00 +0530</pubDate>
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