Supreme Court of India
Hindustan Copper Ltd. and Anr. v. Banshi Lal 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
Contract Act, 1872: Offer and acceptance-Closure of Unit-Offer to employees to either opt for VRS or get transferred to another unit-Employees opting for VRS-- Later seeking withdrawal of same-Employer not allowing the withdrawal High Court ordering reinstatement on ground that offer was withdrawn before its acceptance-Challenge to-Held: The offer made by an employee could be withdrawn by him before it was accepted-The scheme being contractual in nature, the provisions of Indian Contract Act would apply. Service Law-VRS-Offer of VRS withdrawn by employee before its acceptance-Effect of On
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