Supreme Court of India
Naresh K. Aggarwala and Co. v. Canbank Financial Services Ltd. and 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.
2 Supreme Court benches have cited this judgment.
What the Court ordered
In view of the above, we find no merit in this appeal 8 and the appeal is dismissed.
Judgment, page 28
From the headnote
Shares and Securities: ·s c Appellant entered into a transaction for purchase of 1 lakh RIL shares with the respondent 1 - After few days entered into another transaction for purchase of 1 /akh RIL shares with the respondent 1 - Respondent no. 1 delivered only 1 lakh RIL shares - Claim by appellant for balance 1 lakh RIL shares - Held: Not sustainable as the first transaction was cancelled by appellant - The entries made in the statement of.aocount of appellant showed that the delivery of shares pertained to the second transaction - Appellant did not produce documentary evidence to show that
Where later benches applied it
- 2013 Bhagwati Developers Pvt. Ltd. v. Peerless General Finance & Investment Company Ltd and Anr.
- 2012 Sahara India Real Estate Corporation Limited & Ors. v. Securities and Exchange Board of India & Anr.
Of those, 1 relied on · 1 referred to
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