Supreme Court of India
The Security Printing and Minting Corporation of India Limited and Anr. v. M/s. Gandhi Industrial Corporation
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: Terms of contract vis-a-vis terms of tender/ 'r c advertisement-Binding effect of-Held: Once contract comes into existence between parties they are bound by it and not by terms of tender/advertisement-On facts, tender not containing clause regarding non-availability of modvat credit to claimant- manufacturer-While placing order, appellant added term that modvat credit availed by claimant would be passed on to it-Claimant protested but continued with contract-Hence, claimant bound by contract and has to restore modvat credit received by it to the --\ appellant-Terms of contract were
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