Supreme Court of India
Archana M. Kamath v. Canara Bank and Anr.
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
Banks/Ban/c;ng: Bank-Charging Rs. 50 for issuance of MICR cheques-Customer challenging before consumer forums the action of the Bank as unilateral and without consent and against directives of RBI-District forum and State Commission holding against the Bank-But the National Commission holding in favour of the Bank-Held, introduction of MICR cheques facilitates the clearance of cheques and avoids unduly long time consuming process in cheque clearance-For such small charges necessitated due to general modernisation of Bank's .functioning and services, the question of its being unilateral does
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