(1.) This is an appeal from a judgment of Baohawat J. requiring our decision upon the effect and validity of an Ordinance made by the Governor of this Province.
(2.) The plaintiff is a merchant who has been carrying on business in Calcutta in jute goods for the last 30 or 35 years and during this time he entered into numerous transactions to the approximate value of rupees eighty to ninety crores. In the year 1949, the volume of his business exceeded Rs. 2 crores. Yet he never possessed a godown nor any place to store jute goods. He gives 'actual' delivery by means of delivery orders or mate's receipts. In his evidence he said :
(3.) As to the defendant, the learned trial Judge has thus summarised its position :-