Supreme Court of India

Jai Narain Parasrampuria (dead) and Ors. v. Pushpa Devi Saraf and Ors.

Neutral citation
Reported as [2006] SUPP. 5 S.C.R. 325
Bench S.B. Sinha and P.P. Naolekar JJ.
Decided 24 August 2006

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.

5 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that interest of justice would be met if the respondents are directed to pay a sum of Rs.50,00,000/-to the Appellants herein by way of compensation.

Judgment, page 43

From the headnote

Specific Relief Act, 1963-Sections l 5(h) and 19 (e)-Transfer of Property ict, 1882-Sections 5 and 54-Acquisition of property by proposed proprietors/Directors for unincorporated company-After incorporation of the company, property transferred in its favour-By decree of Court Company declared to be owner of the property-Proprietors/Directors representing the company to be the owner-Sale of agreement in favour of the aggrieved party-Further execution of lease and agreement of sale of the same property in favour of some other parties-Suit by aggrieved party seeking specific performance of

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