Supreme Court of India
The Maharashtra State Co-operative Bank Ltd. v. Babulal Lade & 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
Service Law: Salary/wages – Payment of – Payment of dues of the employees of the sugar factory in liquidation by the appellant- Bank, out of the sale proceeds from the auctioned property – Appellant Bank deposited 25% of the total amount due, in this Court as also deposited certain sum with the Industrial Court – Appellant Bank then sought transfer of that amount along with interest to the account of the Collector with the direction to distribute the amount as per the entitlement of each and every employee of the sugar factory after proper identification proportionately – Held: The amount due…
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