Supreme Court of India

State Bank of India and Ors. v. Manganese Ore (india) Ltd. and Anr.

Neutral citation
Reported as [1996] SUPP. 7 S.C.R. 310
Bench K. Ramaswamy J.
Decided 8 October 1996

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

Banking,.· Letters of credit-Non-conipliance with terms and conditions by seller-Bank's liability co honour the letters of credit-Respondent-seller com­ pany filed a suit for recovery of money against the buyer and the bank as the two defendants had entered into letters of credit-Trial Court decreed the suit as against buyer only holding that quality of goods supplied by the seller did not match the quality of goods contracted under the letters of credit-High Court reversed the decree as against the Bank and held it liable to pay the decretal amount-Held, when the parties have admitted that

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.