Supreme Court of India
Bihar State Financial Corpn. and Ors. v. Mis. Chemicot India Pvt. 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.
1 Supreme Court bench has cited this judgment.
From the headnote
Constitution of India, 1950: Articles 136 and 226-Statutory organization-Orders-Judicial review of-State Financial Corporation-Entering into agreement with a small scale unit to disburse loan to it-Later, refusal to disburse the loan on the ground that the condition of producing DGTD registration certificate not fit!jilled by the Unit-Writ petition of the Unit allowed by High Court-Held, Corporation being a statuto1y organization, ordinarily Court in its writ jurisdiction should not interfere wirh a decision taken by Corporation, but doctrine of promissory estoppel would apply against
Where later benches applied it
Of those, 1 mentioned
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