https://www.taxtmi.com/caselaws?id=199034 A sale contract dispute before the Bombay HC turned on readiness and willingness, limitation, and recoverable damages. The plaintiff was held ready and willing to perform because delivery depended on manufacture and availability, he had made the required deposit, and no separate cash tender was necessary before delivery. Limitation was saved because lodging the claim before the official liquidator was treated as the relevant institution date, and the time spent in winding-up proceedings was excluded as a good-faith civil proceeding. Damages were then confined to the ordinary market-rate loss for non-delivery, with export duty and late-delivery compensation excluded as waived or not recoverable. en-us Thu, 06 Dec 1962 00:00:00 +0530 Sat, 17 Feb 2018 15:57:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199034 A sale contract dispute before the Bombay HC turned on readiness and willingness, limitation, and recoverable damages. The plaintiff was held ready and willing to perform because delivery depended on manufacture and availability, he had made the required deposit, and no separate cash tender was necessary before delivery. Limitation was saved because lodging the claim before the official liquidator was treated as the relevant institution date, and the time spent in winding-up proceedings was excluded as a good-faith civil proceeding. Damages were then confined to the ordinary market-rate loss for non-delivery, with export duty and late-delivery compensation excluded as waived or not recoverable. Case-Laws Companies Law Thu, 06 Dec 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199034