Supreme Court of India

Meenakshi Saxena & Anr. v. Ecgc Ltd. (formerly Known as Export Credit Guarantee Corporation of India Ltd.) and Anr.

Neutral citation
Reported as [2018] 5 S.C.R. 421
Bench N. V. Ramana and S. Abdul Nazeer JJ.
Decided 18 May 2018

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.

4 Supreme Court benches have cited this judgment.

From the headnote

Consumer Protection Act, 1986: ss. 25 and 27 – Execution of decree – Decree against insure r holding it liable to pay the insurance amount as agreed – xecution petition – During pendency of the petition, the insu rer (judgment debtor) paid the decreed amount – Insured (decree holder) disputed the payment on the ground that value of the foreign currency payable should have been calculated on the conversion rate app licable on the date of payment – District Forum as well as State Commission held that foreign currency conversion rate has to be c alculated as on the date of payment – However,

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