storage chargesforeign currency paymentillegal agreementin pari delictoExchange Control Regulations
Tags
storage chargesforeign currencyillegal contractexchange control
legislation
Statutes Cited
Exchange Control Regulations
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether the agreement between the parties is valid and enforceable given that payment was to be made in foreign currency without exchange control authority permission","issue_type":"law","dispositive":"yes","related_facts":"Payment in foreign currency; lack of exchange control permission"}
{"issue_text":"Whether the court should exercise discretion to relax the maxim in pari delicto est condition possedentis","issue_type":"law","dispositive":"yes","related_facts":"Plaintiff parting with money; enrichment of parties"}
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background
Facts of the Case
Background
Plaintiff claimed USD 18,000 for storage charges for 12 kitchens from April 2008 to June 2009, plus ongoing charges from July 2009. The claim arose from an agreement where plaintiff would assemble and fit kitchens in defendant's houses, with defendant liable for storage charges until fitting. Payment was to be made in foreign currency.
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