Supreme Court of India
State of Bihar and Ors.etc. v. Ashok Industries & Anr. Etc.
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
Bihar Agricultural Produce Markets Act, 1960, S.2(P)(i) Expla nation and s.27 Explanation-'Sale'-What is-Presumption that notified agricultural produce have been bought or sold in market area- Two Explanations, Whether can Co-Exist-Preference to charging sec- tion over definition section to be given-Provision to be construed harmoniously. \ Statutory Interpretation-Fiscal Laws-Due importance to be given to phraseology used in charging section. \, Section 2(P)(i) of th,e Bihar Agricultural Produce Markets Act, 1960 defmes 'sale' to mear1 any transfer of property in goods for cash or deferred
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