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    <title>1976 (12) TMI 193 - Supreme Court</title>
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    <description>A power of attorney must be construed as a whole and in its commercial context; on that reading, the general and specific terms were wide enough to authorise the attorney to enter into the later contract on behalf of the principals, and the parties&#039; course of dealing supported that construction. A claim for demurrage was not enforceable where loading delay resulted from the claimant&#039;s own breach, including failure to provide loading facilities and to open the agreed letter of credit in time. The second contract was therefore treated as binding, while the demurrage claim was rejected and the matter was remitted for further determination of liabilities.</description>
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    <pubDate>Thu, 16 Dec 1976 00:00:00 +0530</pubDate>
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      <title>1976 (12) TMI 193 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=195459</link>
      <description>A power of attorney must be construed as a whole and in its commercial context; on that reading, the general and specific terms were wide enough to authorise the attorney to enter into the later contract on behalf of the principals, and the parties&#039; course of dealing supported that construction. A claim for demurrage was not enforceable where loading delay resulted from the claimant&#039;s own breach, including failure to provide loading facilities and to open the agreed letter of credit in time. The second contract was therefore treated as binding, while the demurrage claim was rejected and the matter was remitted for further determination of liabilities.</description>
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      <pubDate>Thu, 16 Dec 1976 00:00:00 +0530</pubDate>
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