Supreme Court of India
Allahabad Bank Etc. Etc. v. Bengal Paper Mills Co. Ltd. and Ors. Etc.
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
Winding up of Company-Purchase of assets thereof-After a round of litigation sale set aside by Supreme Court on the ground of consideration being inadequate-Purchaser in possession of the assets for 10 years-Direction for refund of purchase price-Demand of interest thereon-Refusal by Official Liquidator-Application for clarification of the order clarifj;ing interest on purchase price-Held: In view of principle embodied in Order XX!…
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