IA No. 4439 of 2022 in CS (Comm) No. 176 of 2022 Date of decision: 14th February, 2022 Brief Facts: Plaintiffs’ Contentions: Defendants’ Contentions: Court’s Observations: The application for temporary relief was dismissed.
Derry v. Peek (1889) LR 14 App Cas 337 (Misrepresentation or Fraud—Collateral Warranty) FACTS: A tramway company’s prospectus stated that it had the right to use steam power for moving carriages as an absolute right, though in actuality it was subject to condition of Board of Trade (BoT). Plaintiff, on faith of that statement, took…