Supreme Court of India
M/s Fair Communication and Consultants & Anr. v. Surendra Kerdile
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.
What the Court ordered
For the foregoing reasons, this court is of opinion that there is no merit in the appeal; it is accordingly dismissed, without order on costs.
Judgment, page 12
From the headnote
Benami Transactions (Prohibition) Act, 1988 – ss. 3 , 4 – Respondent constituted his nephew-second appellant (sole proprietor of first appellant) as his attorney for disposing of his flat – An agreement to sell was entered on 03.07.89 wherein consideration for the flat was Rs. 2,30,000/- – Howev er, a second agreement entered on 30.11.89 showed lesser conside ration of Rs.1,30,000/- – Further, second appellant wanted Rs. 80,000/- for the expansion of his business – Given by the responde nt – Second appellant issued post-dated cheques which were retu rned by the banker to the respondent –
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