Supreme Court of India
Union of India v. Seneth Munda.
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
We are of the considered view that payment of interest at the rate of 12% per annum from 22.6.2003 to 25.11.2006 on the amount of Rs,1,37,98,860.08 tantamounts to payment of interest on interest, which is not permissible under the RAIP Act.
Judgment, page 5
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