Supreme Court of India

U.P. Financial Corporation v. Gem Cap (india) Pvt. Ltd. and Ors.

Neutral citation
Reported as [1993] 2 S.C.R. 149
Bench Kuldip Singh J.
Decided 2 March 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.

1 Supreme Court bench has cited this judgment.

From the headnote

State Financial Corporations Act, 1951: Section 29. Company-Loan by Corporatiolt-Default in payment of loan by Debtor-Company-Proceedings by Corporation for recovery of amount due- Validity of-Corporation's obligation to Act fairly-Extent of-Held obligation to act fairly does not extend to revive and resurrect every sick industry-Fairness required of Corporation cannot be carried to the extent of disabling it from recovering what is due to Corporation. Constitution of India, 1950: Article 226. High Court-Jurisdiction-Limitation on exercise of-Review of action of adiminstrative

Where later benches applied it

Of those, 1 referred to

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