Supreme Court of India
Forasol v. Oil & Natural Gas Commission (and Vice Versa)
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.
9 Supreme Court benches have cited this judgment.
What the Court ordered
We hold that the learned Single Judge rightly took the date of the decree as the date of conversion . In his order on the. said execution application he has, however, given a direction that ONGC could satisfy the judgment debt by making payment in French Francs or if they so preferred, by paying the equivalent sum in rupees at the rate of exchange prevailing on the date of the decree.
Judgment, page 66
Authorities it was built on
Where later benches applied it
- 2024 Dlf Ltd. (formerly Known as Dlf Universal Ltd) and Anr. v. Koncar Generators and Motors Ltd.
- 2025 Divyangnakumari Harisinh Parmar (dead) and Others v. Union of India and Others
- 2018 Meenakshi Saxena & Anr. v. Ecgc Ltd. (formerly Known as Export Credit Guarantee Corporation of India Ltd.) and Anr.
- 2013 Jiju Kuruvila & Ors. v. Kunjujamma Mohan & Ors
- 2008 M/s. Rahee Industries Ltd. v. Export Credit Guarantee Corpn. of India Ltd. and Anr.
- 2006 Standard Chartered Bank Ltd. v. Dr. B.N. Raman
- 2003 Punjab National Bank v. Indian Bank and Anr.
- 1993 Renusagar Power Co. Ltd. Etc. v. General Electric Co. Etc.
- 1985 American Home Products Corporation v. Mac Laboratories Private Limited and Anr.
Of those, 1 relied on · 1 referred to · 7 mentioned
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