VIKRAMAJIT SEN
STATE BANK OF INDIA – Appellant
Versus
GLAVKOSMOS – Respondent
( 1 ) IN the case of O/vgc Vs. Collector of General Excise, 1992 Supp. (2) SCC432 the Apex Court had observed that it had "on more than one occasion pointed outthat Public Section Undertakings of Central Government and the Union of Indiashould not right their litigations in Court by spending money on fees of counsel, courtfees, procedural expenses and wasting public time. Courts are maintained forappropriate litigations. Court s time is not to be consumed by litigation which arecarried on either side at public expenses from the source. Notwithstanding theseobservations repeated on a number of occasions, the present cases appear to be aninstance of total callousness. The letter of 3/10/1988, indicated that the Cabinetsecretary was looking into the matter. That has not obviously been followed up. As aninstance of wasting public time and energy this matter involves a principle to beexamined at the highest level". Five years later the Court explained this decision insteel Authority of India Ltd. Vs. Life Insurance Corporation of India and Ors. , (1997) 5 SCC 51 1, holding that the previous directions for the constituting of a Highpowered Committee to resolve disputes betwe
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