Supreme Court of India
Srs Advertising & Marketing Pvt. Ltd. Ors v. Mr. Kamal Garg & Anr.
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
In view of the above and for the reasons stated above, the present appeals succeed.
Judgment, page 4
From the headnote
Constitution of India – Writ petition – Exceeding o f jurisdiction by High Court – Respondent no.1-writ petitioner bought properties auctioned in pursuance of Recovery Certi ficate which was in favour of bank – 25% of the bid price deposited as earnest money – Respondent no.1 filed application seeking some clarity in the matter, replied by Bank – However, thereafter t he Recovery Officer dismissed the application and forfeited 10% of the amount deposited– Appeal filed by respondent no.1, dismiss ed by DRT – Appeal before DRAT, no interim relief granted – Respo ndent-Bank herein sought to put
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