Supreme Court of India
Odisha Forest Development Corporation Ltd. v. M/s Anupam Traders & Anr.
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
Contract: Agreement for purchase of ‘phal kendu leaf’ – As per the agreement the proposed purchaser, apart from provisional security deposit, was required to deposit additional security deposit covering 25% of the purchase price of the lot – The proposed purchaser (respondent) failed to deposit the additional security amount – Agreement cancelled – Fresh tender issued – Writ petition challenging cancellation of agreement and issuance of fresh tender – High Court by its interim order stayed the finalisation of sale, subject to the respondent depositing an amount of Rs.20,00,000/- (Rupees…
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