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Showing contexts for: multi function printer in Soma Networks Software vs Canon India Pvt. Ltd on 12 February, 2018Matching Fragments
2. Briefly stated, factual matrix, under which dispute between the parties originated is as follows.
2.1 By way of Rental Agreement dated 20.08.2008, parties entered into a fixed period agreement, whereunder two multifunctional colour printers with two trolleys, two stabilizers, two ecopy software and one WAM (hereinafter collectively referred to as "the said printers") were leased out on monthly rental of Rs. 37,856/ including taxes by the present respondent to the present petitioner for a period of 36 months with effect from 31.12.2008 to 31.12.2011. The rental agreement stipulated that in case of delayed payments, the present petitioner would be liable to pay interest at a rate of 1.5% per month.