COMMNR. OF CUSTOMS, AHMEDABAD vs. M/S. ESSAR STEEL LTD
C.A. No.-003042-003042 - 2004Supreme Court13 Apr 2015
163,000,000. A
liquidated damages clause contained in clause 13 of the
purchase order provides liquidated damages for delay and/or
failure to achieve performance. This purchase order was
amended by a purchase order dated 28.7.1992 by which the
CIF price of the said steel plant was revised to US$
169,700,000. This was in view of the fact
