The Kerala Minerals And Metals Limited and M/S Carbon Resources Private Limited had a dispute over the price of goods supplied beyond the initial 10-month period. The court considered whether the writ petition was maintainable and whether the dispute was purely contractual. The court ultimately decided that the writ petition was maintainable under Article 226 of the Constitution of India. The court's decision was based on the principle that the writ court can exercise its discretionary power to entertain a writ petition even in cases involving contractual disputes.