Supreme Court of India
Maghendra Pal Tyagi v. Jayant Davar 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
r- Special Courts (Trial of offences relating to transactions c in Securities) Act, 1992: s. 3(2) - Transfer of shares to notified person - Appellant held shares of the Company - He applied for issue of duplicate shares on the pretext that these shares were lost - Consequently duplicate share certificate was is- sued- These shares were then sold to first respondent- When first respondent sold these shares in open market, they were ~ returned to him as bad delivery- It was found that these shares .. were kept in abeyance as they were seized by CBI at the time of Share Transfer Scam
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