Supreme Court of India
Federal Bank Ltd. v. V.M. Jog Engineering 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
Code of Civil Procedure, 1908: Order 39 Rules 1 and 2. Temporary injunction-Grant of-Principles-Letter of Credit (UC)- Buyer entered into contract with sellers for supply of reinforced steel bars and structural steel-Buyer opened UC with "Issuing Bank" which required certain documents to be produced by seller for payment by "Negotiating Bank"-After delivery of the goods seller asked "Negotiating Bank" to make payment against UC and endorse required documents- "Negotiating Bank" sent UC and documents to "Issuing Bank"-"Issuing Bank" certified genuineness of UC and documents and assured…
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