Supreme Court of India
Yashraj Govindbhai Patel v. Patel Engineering Co
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
In the result this appeal is disposed of subject to the direction to the respondents as agreed to by them that they will pay to the appellants an additional amount of Rs.66 lakhs in the manner provided by the consent terms of February, 1993 and as laid down by the consent order dated 5.3.93, within a period of eight weeks from today.
Judgment, page 6
From the headnote
JUDGMENT: JUDGMENT MAJMUDAR, J. Leave granted. By consent of learned counsel for parties, the appeal was finally heard. short question centring round clause 21.3(a) of the consent terms filed by parties in Company Appeal 2/94 before the learned Company Judge, Bombay High Court falls for determination. The said clause reads as under:- <SLS> "the valuation per share made by the expert shall be deemed to be the valuation per share made under the consent order (including the consent terms) dt 5.3.93 passed by the CLB." <SLE> few facts leading to this appeal may be noted at the outset.
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