Supreme Court of India
Ashish Seth v. Sumit Mittal and Others
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
Contempt of Court – Dispute between two groups of a J oint Venture (JV) Company – Seth Group and Mittal Group – The JV Company had acquired some land and also availed lice nses with an intent to develop the land – Subsequently, both the Group s agreed to divide the development in the land and thereupon the development rights in the land were sold – Dispute arose between them i n respect of payment of liabilities out of the JV Company which gave r ise to various litigations – Matter was referred to arbitr ation – Memorandum of Settlement (MoS) dated 04.05.2015 was e xecuted between the Groups
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