JUDGMENT OF THE COURT
This was not an easy matter and we spent a considerable amount of time thinking and deliberating over it. It was argued before us by Mr. Inamdar, learned counsel for the appellants, and Mr. Khanna, learned counsel for the respondents, with long breaks in between their arguments and as is usual and as the Court has come to expect from them, where any particular previous decision/s of the Court supported any particular proposition of law being advanced by them, the decision to the extent of the support would be said to be correct, but whenever the decision did not support the proposition advanced, then to that extent, the decision would be said to be wrong and ought not to be followed. It is our sincere hope that this practice will end.
The issues which we are grappling with in the appeal, the cross-appeal and the grounds for affirming the decision of the High Court arose way back on 22nd June, 1998, when Murri International Salvage Operation Company Ltd. (hereinafte…