Supreme Court of India
Mahila Vikas Mandal Colaba and Ors. v. The State of Maharashtra 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
Maharahstra Land Revenue Code, J 966-Section 267-Grant of land for non-commercial purpose-With condition that if used for commercial purpose permission for the same to be sought subject to payment of 50% of the net profit-Demand of 50% of net income raised alleging violation of the condition-Writ Petition-Dismissal of-On appeal, held: The condition stipulated payment of 50% of net profit not net income-Matter remanded to Collector for determining 'net profit'- 'net profit' has to be adopted as commercially undertstood. Words and Phrases: 'Profit'-Meaning of in the context of Maharashtra Land
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