Supreme Court of India

Ashish Seth v. Sumit Mittal and Others

Neutral citation
Bench Ashok Bhushan and M. R. Shah JJ.
Decided 9 October 2020

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

Contempt of Court – Dispute between two groups of a Joint Venture (JV) Company – Seth Group and Mittal Group – The JV Company had acquired some land and also availed licenses with an intent to develop the land – Subsequently, both the Groups agreed to divide the development in the land and thereupon the development rights in the land were sold – Dispute arose between them in respect of payment of liabilities out of the JV Company which gave rise to various litigations – Matter was referred to arbitration – Memorandum of Settlement (MoS) dated 04.05.2015 was executed between the Groups…

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