Ifgl Refractories Ltd vs Orissa State Financial Corporation

insc-2026-18 Supreme Court of India 6 January 2026 • CIVIL APPEAL NO. 66 OF 2026; Special Leave Petition (C) No. 7013 of 2019 • 138 min read
22 cases cited (0 SG, 22 foreign) Cited by 1 case

Practice Areas

Constitution of India IT Act, 1922 Income Tax Act, 1922 Income Tax Act, 1961 OSFC is a statutory corporation established under the State Financial Corporations Act, 1951 Public law can also take into account the hierarchy of individual rights which exist under the Human Rights Act, 1998 State Financial Corporation Act, 1955 appellant is a company registered under the provisions of the Companies Act, 1956

Judges (2)

K. Vinod Chandran Coram Sanjay Kumar Delivered

Parties (2)

IFGL Refractories Ltd Appellant Orissa State Financial Corporation Respondent

Case Significance

Ifgl Refractories Ltd vs Orissa State Financial Corporation is a Supreme Court of India decision dated January 6, 2026 (citation: insc-2026-18). A refractories company challenged Orissa State Financial Corporation orders regarding financial obligations. The Supreme Court adjudicated the dispute. The bench comprised Justices K. Vinod Chandran and Sanjay Kumar. The judgment was delivered by Justice Sanjay Kumar.

This case has been cited by 1 subsequent judgment. The judgment references 22 case citations.

Summary

A refractories company challenged Orissa State Financial Corporation orders regarding financial obligations. The Supreme Court adjudicated the dispute.

What was the outcome of Ifgl Refractories Ltd vs Orissa State Financial Corporation?

A refractories company challenged Orissa State Financial Corporation orders regarding financial obligations. The Supreme Court adjudicated the dispute.

Statutes Cited

appellant is a company registered under the provisions of the Companies Act, 1956
Constitution of India
Art 12 Art 14 Art 226
Income Tax Act, 1922
s 15C
Income Tax Act, 1961
IT Act, 1922
s 15C
OSFC is a statutory corporation established under the State Financial Corporations Act, 1951
Public law can also take into account the hierarchy of individual rights which exist under the Human Rights Act, 1998
State Financial Corporation Act, 1955
s 3

Cases Cited (22)

UK (8)
[1967] 1 WLR 1000 [1971] 1 QB 222 [1976] 1 Ch 179 [1981] AC 578 [1993] AC 380 [2001] 2 WLR 1389 [2001] QB 213 [2003] 1 WLR 348
IN (14)
(1977) 2 SCC 368 (1977) 4 SCC 598 (1979) 2 SCC 409 (1983) 3 SCC 379 (1992) 3 SCC 78 (1993) 1 SCC 71 (1997) 7 SCC 251 (2011) 6 SCC 508 (2012) 11 SCC 1 (2015) 17 SCC 305 (2016) 4 SCC 236 (2023) 10 SCC 634 2022 SCC OnLine SC 623 2026 INSC 18

Cited By (1)

insc-2026-18
Ifgl Refractories Ltd vs Orissa State Financial Corporation

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (insc-2026-18)