Supreme Court Upholds Validity of Forward Contract Prohibition; Contracts Void Under Section 3 of Travancore-Cochin Public Safety Measures Act 5 of 1950. Pre-Constitution Bill Did Not Require President’s Sanction Under Article 304(b) as No Amendment Covered by Article Was Moved.
9 Dec 1968The dispute arose from forward contracts for the purchase of coconut oil entered into in 1952 in the former Cochin State. The respondent, a commission...
