Supreme Court of India

Burn Standard Company Limited v. Mcdermott International Inc. and Another

Neutral citation
Reported as [1991] 2 S.C.R. 67
Bench A.M. Ahmadi, V. Ramaswami and M. Fathima Beevi JJ.
Decided 3 April 1991

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.

8 Supreme Court benches have cited this judgment.

From the headnote

Foreign Exchange Regulation Act, 1973/ Foreign Exchange Manual, 1978-Section 28 ( 1) IP aragraphs 24A. 11 ( 1) and 25A. 2-1 ndian Company-Technical Collaboration agreement with foreign corpora­ tion-General or special permission of RBI-Collaboration approved by Secretariat for Industrial Approvals-Agreement taken on record by Government-Whether separate permission of RBI necessary-Deci­ sion taken by RBI, but approval not communicated-Whether failure to discharge ministerial duty ob/iterates conscious decision taken-Non­ filing of FNC5 form for grant of permission-Whether erases decision

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