Supreme Court of India
Dravya Finance Pvt. Ltd. & Anr. v. S.K. Roy & 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
Review petition - Interest - Calculation and payment of interest by LIC to finance company - Date of payment of interest - On facts, acceptance of life insurance policies by petitioner-banking finance company as collateral security through assignment of insurance policies by borrower in favour of petitioner - Issuance of circulars by LIC for putting restrictions on assignment of insurance policies - Challenge to - Said circulars quashed by High Court - However, no order passed for grant of any interest - Filing of SLP by LIC ~ Interim order passed in favour of LIC whereby petitioners could
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