Supreme Court of India
Paul Brothers (tailoring Division) and Ors. Etc. v. Ashim Kumar Mandal and Ors. 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.
What the Court ordered
In the result, the appeals of Paul Brothers and Phani Bhusan Ghose are allowed while those of Hari Narayan Gupta and Dula! Chandra Dutta are rejected.
Judgment, page 35
From the headnote
Practice and Procedure: Sanchaita case-Directions of Supreme Court explained. These appeals arose as a sequel to certain directions of this Court in the famous Sanchaita Investment Company case, which by dint of tremendous advertisement campaign collected deposits amounting to several crores of rupees from thousands of depositors spread all over India, The firm prospered and thereafter tied up and siphoned away a sizeable portion of its funds from its coffers for the benefit of the management personnel by acquiring movable and immovable properties in the names of the firm, relatives and
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