Supreme Court of India

Raheja Unviersal Limited v. Nrc Limited & Ors.

Neutral citation
Reported as [2012] 3 S.C.R. 388
Bench S.H. Kapadia J.
Decided 7 February 2012

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.

5 Supreme Court benches have cited this judgment.

From the headnote

Sick Industrial Companies (Special Provisions) Act, c 1985: ss. 22, 22(3), 22A, 17(3) - Sale of assets of sick company - Rehabilitation scheme - Determination of the right of purchaser - Jurisdiction of BIFR to restrain transfer of sick industrial company's property - Respondent-Company entered into memorandum of understanding and agreement for sale of its land to appellant-Company to obtain funds for financial restructuring and received part payment from the appellant-Company - Failure of appellant-Company to pay third instalment and financial position of respondent­ Company not improved -

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