1. The appeal is arising out of the judgement and decree dated
11th December, 2023 passed by the learned Single Judge in a suit for
recovery of damages due to breach of contract.
2. The suit was dismissed on a finding that the contract between
the parties stands frustrated.
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3. The plaintiff/appellant carries on the business, inter alia, as an
exporter and trader in Shellac. The defendant/respondent is a co-operative
society having its office at Ranchi, Jharkhand.
4. The parties have a long-standing business relationship.
5. The case of the plaintiff in a nutshell is that pursuant to the
negotiations between the parties, the plaintiff agreed to purchase and the
defendant agreed to sell 24 metric ton shellac of specified grade confirmed
by the latter in terms of a letter dated 15th April 2000.