https://www.taxtmi.com/caselaws?id=281948 A control order fixing a minimum sugarcane price did not bar factories and growers from contracting for a higher final price where the statute did not prohibit such enhancement. On the facts, the parties reached consensus and acted on the arrangement, making the higher price binding as a novation of the earlier tentative arrangement. The governing state Act treated cane price as immediately payable on delivery and allowed recovery of arrears as land revenue on default, while also preserving contractual price obligations. Accordingly, the agreed price and interest for delayed payment were recoverable under the statutory scheme. en-us Thu, 10 Oct 1996 00:00:00 +0530 Sat, 13 Jul 2019 10:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281948 A control order fixing a minimum sugarcane price did not bar factories and growers from contracting for a higher final price where the statute did not prohibit such enhancement. On the facts, the parties reached consensus and acted on the arrangement, making the higher price binding as a novation of the earlier tentative arrangement. The governing state Act treated cane price as immediately payable on delivery and allowed recovery of arrears as land revenue on default, while also preserving contractual price obligations. Accordingly, the agreed price and interest for delayed payment were recoverable under the statutory scheme. Case-Laws Indian Laws Thu, 10 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281948