Supreme Court of India
Dcm Financial Services Ltd. v. Neel Kamal Plastics Ltd. & Anr.
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 Companies Act, 1956 - ss. 433, 434, 529A and 530 - Winding up petition - By one of the creditors of debtor com- c pany- Interim order restraining sale of property of debtor- Nev- ertheless. sale of property by the debtor and its sister cpncern in different proceedings before Debts Recovery Tribunal and in a suit in a different High Court - Out of court settlement be- tween the debtor, purchaser and the creditor for payment of cer- tain amount by the purchaser to creditor- Company Court was informed that sale of the property was permitted in the proceed- [ ings in the suit - Company Court
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