Supreme Court of India
Hongkong & Shanghai Banking Corp. Ltd. v. Government of India & 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.
What the Court ordered
We are of the opinion that the amount of Rs.8 lakhs should be payable to the second E respondent by way of arrears.
Judgment, page 7
From the headnote
Service Law - Termination - Interim order of Tribunal - Challenge to - Bank employee terminated from service - Industrial Tribunal passed interim award directing employer Bank to pay Rs. 30, 0001- per month to the employee till disposal of the case - Interim award challenged - On facts, held: There is no reason to stay the interim award, particularly because of the detailed reasons given in support thereof by the Tribunal - In the interim award itself, the Tribunal secured the interests of employer-bank by ordering that in case the final award went against the employee still the amount paid
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