Supreme Court of India · 2019-03-12
STATE TRADING COPORATION OF INDIA LTD. vs M/S GLOBAL STEEL HOLDING LIMITED (GSHL)
- Citation / case number
- SC 2019/1351
- Court
- Supreme Court of India
- Petitioner
- STATE TRADING COPORATION OF INDIA LTD.
- Respondent
- M/S GLOBAL STEEL HOLDING LIMITED (GSHL)
- Author
- HON'BLE MS. JUSTICE INDU MALHOTRA
- Bench
- HON'BLE MS. JUSTICE INDU MALHOTRA HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE
Judgment text excerpt
The Supreme Court quashed various legal proceedings against the respondents following the payment of Rs. 600 crores as per the Settlement Agreements dated 15.11.2010 and 17.05.2012. The court exercised its powers under Article 136 and Article 142 of the Constitution of India, concluding that all liabilities under the agreements were fully satisfied and that there were no further claims by the appellants against the respondents.