Supreme Court of India
Metro Exporters Pvt. Ltd. and Another v. State Bank of India & Ors.
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
Bank/Banking - International Banking - Transfer of funds relating to export-import transaction - Reversal of account entry - Challenge to 1 Appe/lant-exporter used to bank with State Bank of India's Overseas Branch - Appellant used to export the goods directly and submit documents to_Siate Bank of India and it was for the bank to claim payment - Credit entry made to appellant-exporter's EEFC account in 2006 - Two and half years later, the State Bank of India, Overseas Branch, Mumbai debited amount from EEFC account of appel/ant exporter on ground that it was wrongly deposited in the account
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