Supreme Court of India
Allahabad Bank Etc. Etc. v. Bengal Paper Mills Co. Ltd. and Ors.
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
Companies Act, 1956/Companies (Court) Rules, 1959 : Section 4471 Rule 273-Winding up ordered by a Company Judge-Official Liquidator ordered to auction assets and properties of the company after advertising in newspapers-Assets and properties valued at Rs. 1.5 Crores and sold at the said value-75% of the price to be paid in instalments-Sale order challenged in appeal before Division Bench on the ground of irregularities in sale Contention that valuation report of the assets of the company was not disclosed to the appellants-Lease hold land in company's possession had . not been
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