Supreme Court of India

The C.L.T., Gujarat-i, Ahmedabad v. The Ahmedabad Cotton Mfg. Co. Ltd. & Ors.

Neutral citation
Reported as [1993] SUPP. 3 S.C.R. 392
Bench B.P. Jeevan Reddy and N. Venkatachala JJ.
Decided 15 October 1993

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

We are of the opinion that having regard to the terms contained in the bond we find that it is optional for the manufactures to achieve the export target prescribed for them or to pay to the Government the· sum or sums calculated at the rate of 10 paise by linear yard to cover up the shortfall in the export obligations.

Judgment, page 13

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