Supreme Court of India
Rajiv Kumar Jindal and Others v. Bci Staff Colony Residential Welfare Association and Others
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
Sick Industrial Companies (Special Provisions) Act, 1985 : ss. 20(4), 21(c) – Winding up of sick industrial company – Operating agency to prepare complete inventory – On facts, Operating Agency- IDBI initiated process to sell the subject assets of the sick industrial company-BCI in terms of the order passed by the BIFR – Submission of solitary bid by the appellant – Operating authority accepted the same – However, the appellant did not adhere to the terms and conditions of Asset Sale Committee (ASC) – In view thereof, BIFR did not agree to the proposal to accept the bid – However, the…
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- 1991 Lakshmanasami Gounder v. C.I.T. Selvamani and Ors.
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