Supreme Court of India
The Maharashtra State Co-operative Bank Ltd. v. Babulal Lade & Ors.
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
Service Law: Salary/wages – Payment of – Payment of du es of the employees of the sugar factory in liquidation by the a ppellant- Bank, out of the sale proceeds from the auctioned p roperty – Appellant Bank deposited 25% of the total amount due, in this Court as also deposited certain sum with the Industrial Court – App ellant Bank then sought transfer of that amount along with interest to the account of the Collector with the direction to distribute t he amount as per the entitlement of each and every employee o f the sugar factory after proper identification proportionately – Held: The
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