Supreme Court of India
Fcs Software Solutions Ltd. v. La Medical Devices Ltd. & 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.
2 Supreme Court benches have cited this judgment.
What the Court ordered
Before parting, we may clarify that serious allegations have been levelled by the appellant against the then Official Liq:. G uidator.
Judgment, page 16
From the headnote
Company law: Liquidation - Sale of properties of liquidated company - Tender notice - Bid of appellant of Rs. 1. 47 crores was high- c est and accepted - Meanwhile bids received of higher amounts - On application by other bidders, Company Judge ordered re-sale of properties fixing reserve price at Rs. 2. 10 crores - • Opportunity given to appellant to raise its bid - Appellant ada- mant in getting property for Rs. 1.47 crores - Acceptance of bid of respondent no. 3 for Rs. 3. 5 crores - Challenge against - Held: The earlier tender notice did not state valuation of movable and immovable
Where later benches applied it
- 2015 Vedicaprocon Private Limited v. Balleshwar Greens Private Limited & Others
- 2012 Ram Kishun and Ors. v. State of U.P. and Ors.
Of those, 2 referred to
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