Supreme Court of India

Shivanand Gaurishankar Baswanti v. Laxmi Vishnu Textile Mills & Ors.

Neutral citation
Reported as [2008] 10 S.C.R. 782
Bench C.K. Thakker and D.K. Jain JJ.
Decided 11 July 2008

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.

7 Supreme Court benches have cited this judgment.

From the headnote

Constitution .of India, 1950: ··Articles 136 and 226 - Company declared sick under the sick lndius Oriat Companies (Special Provisions) Act, 1.985 ·(SICA) - Bi FR opining for winding up of the Company - Offer for pwchase of property of ·the Company - In joint meetings .. . between the sick company, proposed purchaser, secured and unsecured creditors and the Representative Union of work- men, agreement by the creditors -an.d workers to accept lesser amount of the dues as one time settlement- PIL by one of the workers . challenging the. agreement, disposed of with direc­ tion to ?pproach

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