Read the full judgment text of HCCL 000025/1981 on BabelCite. This HCCL judgment was delivered on 11 June 1981.
1. By a contract in writing dated 27th May 1977 entered into between the Plaintiff and the Defendant, the Plaintiff agreed to buy and the Defendant agreed to sell 60,000 metric tons (M.T.) 5% more or less of second choice steel plates at US$115.70 per MT for shipment from Italy minimum 10,000 MTS per month from July to December 1977 upon terms that the purchaser would open irrevocable and confirmed documentary credits in favour of the seller valid for an effective period of 50 days for shipment