C.C.E. Vs. ESTER INDIA LTD.

JUDGEMENT

(1.) Heard learned counsel for parties.

(2.) This reference has come up pursuant to judgment of Apex Court in Civil Appeal No. 14 of 2001, decided on 3rd January, 2001, whereby following two questions have been referred to the High Court for its opinion.

(3.) Brief facts, giving rise to aforesaid dispute, are as under :