RPG Cables Ltd. vs Logic Eastern India (P) Ltd.
Winding up: Inability to pay debts-Both parties not regarding time schedule as binding and essence of contract-The petitioner and the respondent had entered into an agreement whereby the latter was to develop the equipment, including software, mentioned in the [LexDoc Id : 403550]
Max New York Life Insurance Co. Ltd. vs Insurance Ombudsman
Conditional contract and contract of adhesion-Terms of contract not arrived at by mutual negotiations between the parties-The life insurance contract was a conditional contract because the promise of the insurer was conditioned on the timely payment of premiums subsequent [LexDoc Id : 402667]