ground that these sales were oil FOB contracts, under which
they continued to be the owners of the goods till the goods
had crossed ... used the words " FOB
delivered ". There can be no doubt therefore that these were
sales under FOB contracts.' The normal rule
ground that these sales were on FOB contracts, under which
they continued to be the owners of the goods till the goods had crossed ... used the words "FOB delivered". There can be no doubt
therefore that these were sales under FOB contracts. The normal rule in FOB
Vessel/Flight No.
Rotation No.
Port of Loading
Nature of Contract:CIG [ ] /CFR [ ]/FOB [ ]Others (Specify)
Port of Discharge
Country of Destination
Exchange Rate ... Vessel/Flight No.
Rotation No.
Port of Loading
Nature of Contract:CIG [ ] /CFR [ ]/FOB [ ]Others (Specify)
Port of Discharge
Country of Destination
Exchange Rate
that is
because the parties have entered into a contract which provides for FOB
shipment of cargo. However, this by itself is not sufficient ... Devitre submits that the contract in the present case is a FOB contract.
It has maritime elements in it. It is a maritime claim. Shri
breach of contract and the buyers were entitled to damages
based on the difference between the contract price and the FOB value of
the goods ... gone beyond the terms of the contract between the sellers and
the buyers. Despite the contract being FOB contract between the parties
which specifically sets
2002 Page 11 of 51
"5......The normal rule in FOB contracts is that the property is
intended to pass and does pass ... which was the contract price between the
factor/ and the J. C. Mills. This contract was made in November 1942.
The contract price
contract through
Standard Chartered Bank (India) for the value of the goods to be shipped
under the contract.
The contract is a FOB contract ... documents required" mentioned in the
contract, one fundamental document is missing, namely, the contract of
insurance. In FOB Contract, it is the obligation
buyer/consignee of the goods as per
an FOB contract.
12
21.7 That the delay in payment could not be attributed to the appellant
herein ... goods was through a ‘FOB’
contract. ‘FOB’ contract means a contract “Free on Board”. By
such a contract the seller is to put on board
ordinate and administer all the
other six contracts; the supply contract agreement (FOB) was
entered into between the parties thereto, as the 1st respondent
wanted ... construction works contract; Rs.145.75 crores under the supply
(ex-works) contract; 9.04 Million USD under the supply (C&F)
contract
Contract and C.I.F. Contract.
The important observation reads as under:
The principle underlying transfer of title ' in goods in FOB contracts ... contracts is well recognized in the commercial world. While in the case of CIF contract the seller in the absence of any special contract
