RASHMI METALIKS LIMITED Vs. UNION OF INDIA

JUDGEMENT

(1.) The present dispute revolves around the alleged breach of a business agreement between the petitioners and the respondent no. 2 (MMTC LIMITED) for supply of LAM Coke by the respondent no. 4 (NINL) to the petitioner, as per the arrangement entered into by the respondents. no. 2 and 4 inter se.

(2.) In this context, a Price Circular dated February 28, 2020, annexed at page-22 of the writ petition (Annexure P-1) acquires importance. The said document indicated the sale price, inter alia, of LAM Coke and stipulated certain conditions, of which the relevant ones are as follows:

(3.) The other key document, annexed at page-23 (Annexure R-3) of the affidavit-in-opposition affirmed on behalf of the respondent nos. 2 and 3 on June 30, 2020, is an Agreement for Sale/Purchase of finished products dated June 22, 2012 entered into between the MMTC and the NINL. The governing clauses thereof, in the present context, are quoted below: