South Eastren Coalfields Ltd vs Raipur on 22 December, 2020
In this connection, it will be useful to refer to a decision of
the Supreme Court in Food Corporation of India vs. Surana
Commercial Co. and others12. The Supreme Court pointed out
that if a party promises to abstain from doing something, it can
be regarded as a consideration, but such abstinence has to be
specifically mentioned in the agreement. The relevant portion of
the judgment is reproduced below: