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Judgment Search Results Home > Cases Phrase: contract of indemnity contract Sorted by: old Court: privy council Year: 1934 Page 1 of about 13 results (0.002 seconds)

Apr 19 1934 (PC)

Madhavdas Jethabhai Vs. Sitaram Ramnarayan

Court : Mumbai

Decided on : Apr-19-1934

Reported in : AIR1934Bom402; (1934)36BOMLR941; 153Ind.Cas.959

..... such a case is to recover moneys paid under a mistake, or for moneys had and received, or for failure of consideration, and not a contract of indemnity, either express or implied. the third party notice, therefore, was clearly misconceived.18. in the result, therefore, the cross-objections must be allowed ..... conceded by mr. setalvad. it is further admitted that the present case does not come within section 124 of the indian contract act, and there is no express contract of indemnity between the parties. but mr. setalvad contends that this being a shah jog hundi, having regard to the usages applicable ..... in the circumstances, defendants no. 1, in my judgment, had no option except to defend the suit, and if they are entitled to indemnity, such indemnity must cover the costs properly incurred in so doing.3. the cross-objections of defendants no. 2 involve a more difficult question. the learned ..... based either on the money having been paid under a mistake of fact, or without consideration, and does not arise upon any implied covenant for indemnity. in my opinion, therefore, the proceedings on the third party notice were misconceived. the cross-objections must be allowed with costs, and the third ..... of the hundis, and judgment was given against both the defendants. defendants no. 1 issued a third party notice against defendants no. 2 claiming indemnity against loss suffered by them through 'payment of the hundis, and upon that notice mr. justice kania gave judgment for defendants no. 1, but .....

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May 08 1934 (PC)

Norwich Union Fire Insurance Society, Ltd. Vs. Wm.H. Price, Ltd.

Court : Privy Council

Decided on : May-08-1934

..... . the same distinction is developed by brett, lj., in 3 c. p. d. 467 (6): he points out that abandonment is part of every contract of indemnity, whereas notice of abandonment is peculiar to marine insurance, just as constructive total loss (as distinguished from actual total loss) is also peculiar. as an instance ..... that on general principles, mutual mistake will have the same effect in regard to the offer and acceptance of abandonment as in regard to any other contract. it is unnecessary to repeat what has been said earlier in this judgment as to the effect of mistake, but it seems to follow that just ..... mistake relied on should be of such a nature that it can be properly described as a mistake in respect of the underlying assumption of the contract or transaction or as being fundamental or basic. whether the mistake does satisfy this description may often be a matter of great difficulty. applying these ..... to contradict or overrule those established principles in 1932 ac 161 (4). it is true that in general the test of intention in the formation of contracts and the transfer of property is objective; that is intention is to be ascertained from what the parties said or did. but proof of mistake affirmatively ..... as vital as that in 2 h. l. 149 (3), in respect of which lord westbury at p. 170 used these words: "if parties contract under a mutual mistake and misapprehension as to their relative and respective rights, the result is that that agreement is liable to be set aside as having .....

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Oct 16 1934 (PC)

The Ocean Accident and Guarantee Corporation Co. Ltd. Vs. D.K. Patkar

Court : Mumbai

Decided on : Oct-16-1934

Reported in : AIR1935Bom236; (1935)37BOMLR304

..... there is a stipulation as in the policies here, the mere execution of a policy and its delivery to the assured will not make the contract a concluded contract. the plaintiffs say that even when there is such a stipulation or condition in a policy, if the policy recites that the premium was ..... incorporated herein.then the policy recites that the insured has paid to the corporation a sum of rupees, figures being mentioned, as premium for the indemnities undertaken, and goes on to state the period during which the policy was to be in force, and then witnesseth that the corporation will keep ..... policy remained with the insurers and no premium was in fact paid. upon these facts the court of appeal held that the policy constituted a complete contract of insurance and that by the recital therein the defendants had waived the condition for pre-payment of the premium, and therefore the risk under ..... latter suggest that it is gupta who is fighting this litigation.16. the substantial question, however, in the case is whether there was a concluded contract between the plaintiffs and the defendant. mr. rodrigues on behalf of the defendant has addressed before me a very careful argument relying upon certain authorities, ..... gupta and the defendant and the plaintiffs are not bound by it. gupta admits that he had no authority from the plaintiffs to enter into any contract of insurance on any terms. the point, however, is not now material. as to the rebate or commission of thirty-five per cent., there .....

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Dec 20 1934 (PC)

Miss Moselle Solomon Vs. MartIn and Co.

Court : Kolkata

Decided on : Dec-20-1934

Reported in : 163Ind.Cas.331

..... he should do so. again, if an action were brought and judgment recovered against the agent, then the agent would have a right of action for indemnity against his principal, while if the principal was liable also to be sued he would be vexed with a double action. further, if actions could ..... remedy, or that it is in applicable where the plaintiff has another right of action, arising out of some other cause, such as one founded upon contract, expressor implied, still less where for some reason such contractual right cannot be enforced. on this point i regret to find that seem to be ..... in rem judicatum applies not only as between the plaintiff and the defendant or any persons who were joint contractors with the defendant in the contract sued on but applies also although the person ultimately sued had no relation to the person against whom the prior judgment was recovered and was not ..... against this decision, the second defendant has appealed, mainly upon the ground that section 70 does not apply, because the goods were supplied under an express contract. the plaintiffs have filed cross-objections, and seek to make the second defendant liable for the whole of the claim, but they have not served the ..... indian statute uninfluenced by considerations derived from the english law upon which it may be founded.10. under the terms of section 233 of the contract act read with section 230 of the act both the agent and the undisclosed principal are liable. the causes of action against them are clearly .....

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Jan 30 1934 (PC)

imperial Bank of India Vs. P.L.A. Veerappa

Court : Chennai

Decided on : Jan-30-1934

Reported in : AIR1934Mad595

..... , namely ramajogayya v. jagannadhan 1919 mad. 641 in which the majority of the full bench held that no decree can be passed against a minor or his estate on a contract entered into on his behalf by a guardian under which covenant no charge is created on the estate except in cases in which the minor's estate would have been ..... certain lands on lease in their own names, but as was alleged for the benefit of the minor, neither the minor nor his estate could be made liable on the contract. in view of these decisions it was held in sauka krishnamurthi v. bank of burma (1912) 35 mad. 692 that the rule which makes a minor member of a joint ..... with powers larger than are reasonably proper for carrying on the business, that the creditors can proceed against the minor's estate only where the guardian would be entitled to indemnity for the liabilities properly incurred out of the assets of the minor embarked in the business, and that where the guardian has no such right to ..... indemnity against the assets of the business or where he has acted improperly the creditors have no right against the assets of the minor's business. it was also held that .....

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Nov 28 1934 (PC)

Sudhendu Mohan Bagchi Vs. Khitish Chunder Dass Gupta

Court : Kolkata

Decided on : Nov-28-1934

Reported in : 163Ind.Cas.858

..... sum as to interest. the other promissory note for rs. 1,800, it was agreed was the equivalent of a fresh contract for the indebtedness over the hundi which was handed to the bank.3. it is contended on behalf of the plaintiff that these two promissory notes amounts to two fresh ..... which is dated august 20, for another rs. 2,800 in the year 1930; and it is said that the first promissory note for rs. 2,800 was a fresh contract between the plaintiff and the defendant for rs. 1,800 on the original handnote together with the new cash loans of rs. 500, balance being made up of a calculated ..... of security given by the plaintiff to the bank was not in the form with which we are all so familiar, namely an indemnity bond, and it was rather on the lines that it was indemnity bond (and in an indemnity bond there are certain legal vrights accruing both to the principal creditor and the guarantor), that most of the arguments on this .....

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Dec 19 1934 (PC)

Ghisulal-ganeshi Lal Vs. Gumbhirmull-pandya and anr.

Court : Kolkata

Decided on : Dec-19-1934

Reported in : AIR1938Cal377

..... could not be assigned. it is true that sunderlal was not a partner in the real sense, because being a minor, he could not contract (section 11, contract act). but he had a right to benefit in the partnership under section 247. in sanyasi charan mandal v. krishnadhan banarji (1922) 9 air ..... if accounts were necessary to be taken, the infant sunderlal and the insolvents were necessary parties and they must render accounts before they could be entitled to indemnity; (6) that the suit was not competent, because it was a suit by some partners against other partners in the same firm and that the ..... confuses the issues which we have to decide to say that the firm of rekhabchand ghisulal has contracted with the firm of ghisulal ganeshilal, and that the first firm are independent commission agents acting for their principals, the firm ghisulal ganeshilal. what in ..... circumstances of this case, which must be decided according to the principles of english law as contained and codified to some extent in the indian contract act. according to those principles the firm as such has no existence in law, and the law regards only the individual partners. it only ..... obviously cannot be assigned [section 6 (e), transfer of property act]. it is a personal right. in commission agency, before an agent can claim an indemnity, he has a duty to account. if, as was pleaded, an account had been stated between the parties the position would have been different. such .....

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Apr 12 1934 (PC)

Ottoman Bank, Nicosia Vs. Dascalopoulos

Court : Privy Council

Decided on : Apr-12-1934

..... . by art. 2, the general management of the bank may at all times of the year discharge an employee, but (art. 3) he receives an indemnity from the pension fund applicable to his case. each employee (art. 9) cedes to the bank prescribed proportions of his fixed salary and increments. these sums ..... condemned as an attempt by the bank, under cover of art. 30 of the pension regulations above set forth, to alter a fundamental term of their contracts in the case of its employees in turkey. this may or may not be so. upon such a question their lordships in this case naturally express no ..... on 6th august 1924. it may also be questioned whether these currency notes were ever made legal tender for any payment under a turkish contract which by that contract had to be made outside of turkey. these matters however have not been discussed in the courts below and their lordships in the absence ..... satisfied that the " equivalent " in cyprus currency ascertained by that formula was, and intended to be. a real equivalent. it merely energetical of the basic contract. it was a formula applicable only where the result was to produce parity in terms of gold. to both parties it was a convenience that the salary of ..... thinks, clearly shown by what actually happened in cyprus. first on 21st may 1926 the respondent was granted an increase in his emolument-a so-called indemnity-expressed as 2 turkish pounds to be added to the 45 turkish pounds he was then receiving. he was granted a similar increase as from 1st .....

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Jun 01 1934 (PC)

Ranjit Ray Vs. D.A. David

Court : Kolkata

Decided on : Jun-01-1934

Reported in : AIR1935Cal218,155Ind.Cas.193

..... .,) did not think that the deed was capable of that construction. the recital appeared to suggest it, but the operative part treats the book-debt as given only as an indemnity, which must mean as a security, and it provides for payment of interest by the company on the advance, thus treating them as debtors. moreover, it had been given along ..... a copy thereof verified in the prescribed manner, are filed with the registrar for registration... within twenty-one days after the date of its creation, but without prejudice to any contract or obligation for repayment of the money thereby secured, and when a mortgage or charge becomes void under this section, the money secured thereby shall immediately become payable.6. then .....

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Jul 02 1934 (PC)

Babu Alias Vrajlal Ratansey Vs. Alibhai Dawoodbhai

Court : Mumbai

Decided on : Jul-02-1934

Reported in : (1934)36BOMLR1201

..... successful defendant, out of the estate of the minor. where the next friend is entitled to have recourse to the estate of the minor in exercise of his right of indemnity or under the liberty reserved to him to recover the same when paid out of the estate of the minor, such directions are usually given in the judgment itself. where ..... for money against a minor, as for instance, where a minor like an adult is liable for damages in respect of any wrong which he has committed independently of a contract. of course in certain cases the circumstances may justify the estate of the minor being charged with the payment of the costs, but generally speaking courts in this country as ..... the same time the next friend has a right to ask that he should have liberty, to proceed against the estate of the minor in series of his right of indemnity, or to protect himself, as he is entitled to get not only these costs out of the estate of the minor but all costs, charges and expenses which have been ..... which says that the solicitor can recover his costs only from the next friend, and that is so because the contract of employment can only be between the next friend and the solicitor, a minor being incapable of entering into the contract. that the next friend is a surety for the costs of the opponents of the infant is clear from the .....

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