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2010 (5) TMI 383 - SUPREME COURTContracts and options in securities - Whether Plaintiffs prove that Rs. 2,59,75,000 money is due from and payable by Defendant No. 1 on account of transactions undertaken on behalf of or with Defendant No. 1 after accounting for all transactions in the running account as alleged in para 7 of the Plaint? Whether Plaintiffs have correctly appropriated one Lac shares delivered towards the contract note dated 14-2-1992 (i.e., for Reliance Industries Ltd. shares) purchased @ of Rs. 154 as alleged in para 8a(ii) of the Plaint? Whether the Plaintiffs prove that no shares were received from the broker of Defendant No. 1 towards the Contract dated 23-3-1992 as averred by the Plaintiffs in para No. 8a(iv) of the Plaint? Whether the Plaintiffs have correctly given credit of Rs. 154 per shares for one lac shares delivered and since one lac shares have not been delivered as alleged in para 8a(v) of the Plaint? Whether the Contract dated 14th February, 1992 for purchase of 1,00,000 shares at the rate of Rs. 154 per share of M/s. Reliance Industries Ltd. placed by the Plaintiffs on Defendant No. 1 was cancelled/rescinded as alleged by Defendant No. 1 as alleged in paras 8 and 9 of the Written Statement? Whether Plaintiffs’ contract note dated 27-2-1992 (SAIL) had been issued as per prevalent practice as alleged in para 8b(ii) of the Plaint? Whether Defendant No. 1 by its letter dated 17-9-1992 has resiled from its contractual obligations as alleged in para 8b(vi) of the Plaint? What orders and decree?"
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