Public Institutions Must Diligently Handle Cases; States Should Set Up Mechanisms To Track Pending Litigation: Supreme Court
In a recent judgment dated August 5, 2025, the Supreme Court of India strongly criticized the Odisha State Financial Corporation (OSFC) for its irresponsible and negligent handling of a decades-old litigation. The Court expressed serious concern over the careless approach of the public institution, especially when dealing with matters involving significant amounts of public funds. Background of the case The case stemmed from a 1985 supply transaction between OSFC and…