Supreme Court of India

P. Veerasamy v. Official Assignee, High Court, Madras

Neutral citation

Reported as [1999] 1 S.C.R. 37

Bench S.B. Majmudar and M. Jagannadha Rao JJ.

Decided 12 January 1999

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.

3 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the view that though our legislature has not defined 'income' as widely as in Section 310(7) of the English Act, 1986, the word 'income' is not to be construed ejutdem generis and that it includes income from business or trade conducted by the insolvent after his adjudication.

Judgment, page 14

Authorities it was built on

1996 J.R. Jani and Ors. v. Ahmed Ebrahim of Rangoon cited by 1

Where later benches applied it

2011 High Court of Judicature, Patna v. Shiveshwar Narayan and Anr. referred to
2019 All Manipur Pensioners Association by its Secretary v. The State of Manipur and Others mentioned
2005 State of Punjab and Ors. v. Amar Nath Goyal and Ors. mentioned

Of those, 1 referred to · 2 mentioned

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