Legal Street registered trademark

Supreme Court of India

Moons Technologies Ltd. (formerly Known as Financial Technologies India Ltd.) & Ors. v. Union of India

Neutral citation
Reported as [2019] 8 S.C.R. 26
Bench R. F . Nariman and Vineet Saran JJ.
Decided 30 April 2019

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.

1 Supreme Court bench has cited this judgment.

What the Court ordered

We are of the view that the decision-maker can always rely upon subsequent materials to support the decision already taken when larger public interest is involved.

Judgment, page 101

From the headnote

Companies Act, 1956: s.396 – Constitutionality of – Held: s.396 provides for compulsor y amalgamation of companies in public inter est – Art.31A of the Constitution envisages that any “law” providing for the amalgamation of two or more corporations in public interest is immune fr om challenge on gr ounds relatable to Art.14 or Art.19 of the Constitution of India – s.396 of the Companies Act is such a law – Constitution of India – Arts.14, 19 and 31A. Companies Act, 1956: s.396 – Derivative immunity of the Central Government order – Whether the Central Government’ s order made under s.396

Authorities it was built on

Where later benches applied it

Of those, 1 referred to

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • The ratio: what the Court held, verbatim, with the page it sits on
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.