Supreme Court of India
Sree Bank Lid. v. Sarkar Duti Roy and Co.
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
Banking Companies Act (10 of 1949), s. 45-0 and Banking Com panies (Amendment) Act (52 of 1953)-Applicabilitl/ to instalment decree. In 1949, the Banking Companies Act was passed with a view to protect and secure the interests of depositors. [n 1953 s. 45-0 was enacted by the Banking Companies (Amendment) Act, in pursuance of the recommendations of the Banking Companies Liquidation Proceedings Committee. Section 45-0 (1) provided that in computing the period of limitation prescribed for an application by a banking company which is being wound up, the period commencing from the date of the
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