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JAHANGIR SIDDIQUI versus DALLAH ALBARAKA (U.K.,) LIMITED


Sections 4 (5) and 11 Special Relief Act (I of 1877), 5 12 Civil Procedure Code (v. 1908), A. XXXX, Rr 1, 2 and 4 of the Contract Act (I72 of 1872), Section 2 (b) The specific performance of the contractual, supply of essential components interim, the separation of the parties was the shareholders in a company and the dispute between the parties was related to the purchase and sale of the company's shares at a fixed price. According to the agreement, shares of the company between the parties cannot be sold to a third party by the defendants and they were to be sold at a fixed price. A valid agreement between the parties has revealed that where the two parties will agree on the price of the shares, which has to be resolved in favor of the other, it will have to be done with the consent of the third party because of its premature right to self-determination. The matter involved was missing the continuity of the third party and there was nothing in the record to establish it. The parties did not enter into any agreement other than the provisions of the shareholders agreement to create any right in favor of either of the claimants for the purchase of the shares, unless the binding agreement contained any offer, acceptance and consideration and That not all such components may not be claimed by any other person. The exchange of correspondence between the parties does not constitute an agreement as the offer made to the plaintiff by the defendant Was not acceptable for and must be the first person there to receive the injunction When such order or that is not approved as a result of claimants to stay until irreversible nqsa

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