Supreme Court of India
M/s. Patheja Bros. Forging and Stamping and Anr. v. I. C. I. C. I. Ltd. and Ors.
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.
From the headnote
Sick Industrial Companies (Special Provisions) Act, 1985: S.22-lndustrial company-Suspension of legal proceedings-Reference u/s. 15 registered-Suit for recovery of loans pending against the company and guarantors-Stay of proceedings declined by High Court in respect of properties belonging to guarantors-Held, suit for enforcement of guarantees cannot be proceeded with unless consent as required u/S:22 is obtained In a suit for recovery of money filed before the High Court by respondent no.I against the appellant-company and its guarantors, including appellant no. 2, an ad interim order was…
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