Search Results for "Future Prospective Income"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal in Motor Accident Claim Case — Death Not Arising O...
Bombay High Court Dismisses Petitioner's Challenge to Arbitral Award in Commerci...
Bombay High Court Dismisses Appeal Against Attachment of Property in NSEL Scam C...
Bombay High Court Allows Appeal in Customs Classification Dispute — Bulk Pet F...

Search Results for "Future Prospective Income"

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High Court

Gujarat High Court Allows Appeal for Enhancement of Compensation in Motor Accident Claim — Deceased Was Driving Motorcycle When Hit by Truck; Court Applies Multiplier of 14 and Adds 25% Future Prospects. The Court held that the Tribunal erred in applying multiplier of 13 instead of 14 and in not adding future prospects, enhancing compensation from Rs.3,53,200/- to Rs.7,02,400/- under Section 166 of the Motor Vehicles Act, 1988.

27 Mar 2026

The present appeal was filed by the original claimants under Section 173 of the Motor Vehicles Act, 1988, aggrieved by the judgment and award dated 19...

High Court

High Court of Gujarat Allows Appeal in Motor Accident Claim — Enhances Compensation by Setting Aside Contributory Negligence and Including Agricultural Income. The court held that without evidence of contributory negligence and where the driver fails to appear, adverse inference must be drawn against the driver, and agricultural income from land records must be considered under Section 166 of the Motor Vehicles Act, 1988.

9 Mar 2026

The appellant, Keshavbhai Kurjibhai Vora, filed a claim petition under Section 166 of the Motor Vehicles Act, 1988, seeking compensation for injuries ...

High Court

High Court of Gujarat Enhances Compensation for Injured Motorcyclist in Motor Accident Claim — Tribunal's Award of Rs.10,44,212/- Modified to Rs.25,00,000/- with 9% Interest. Future Loss of Income Recalculated Based on Notional Income of Rs.4,500/- per Month and 40% Disability.

2 Mar 2026

The appellant, Ambala Muljibhai Makwana (since deceased, represented by legal heirs), was driving a motor cycle on 18.01.2003 when a tanker bearing re...

Supreme Court

Supreme Court Upholds Validity of Section 29A of the Insolvency and Bankruptcy Code, 2016, Disqualifying Related Parties of Corporate Debtors from Submitting Resolution Plans. The Court holds that the disqualification under Section 29A(c) applies to persons acting jointly or in concert with a disqualified person, and that the provision is not retrospective in operation.

3 Oct 2024

The Supreme Court of India delivered a landmark judgment on the interpretation and validity of Section 29A of the Insolvency and Bankruptcy Code, 2016...

Supreme Court

Supreme Court Allows NCDC's Appeal in Income Tax Dispute Over Deduction of Grants as Revenue Expenditure. Grants disbursed by a statutory corporation as part of its business are deductible under Section 37 of the Income Tax Act, 1961, regardless of the capital nature of the source funds.

11 Sep 2020

The National Co-operative Development Corporation (NCDC), established under the National Co-operative Development Corporation Act, 1962, is a statutor...

Supreme Court

Supreme Court Enhances Compensation for Permanent Disability in Motor Accident Case — Multiplier of 18 Applied and Future Prospects Considered. The Court held that for a student victim, future earnings must be assessed based on family background, education, and career potential, not a fixed notional income.

5 Mar 2019

The appellant, M.R. Krishna Murthi, a practicing advocate, suffered a severe accident on 26th May 1988 at age 18 while traveling from Delhi to Mussoor...

High Court

Bombay High Court Sanctions Scheme of Amalgamation Between Casby CFS Pvt. Ltd. and Casby Logistics Pvt. Ltd. Under Section 394 of Companies Act, 1956 — Restructuring of Casby Group Approved. Court found the scheme fair, reasonable, and not contrary to public interest, with no objections from Regional Director.

19 Mar 2015

The judgment concerns a petition filed by Casby CFS Pvt. Ltd. (Transferor) and Casby Logistics Pvt. Ltd. (Transferee) seeking sanction of a scheme of ...

High Court

High Court of Karnataka Upholds Constitutional Validity of Explanation to Section 6(5) of Hindu Succession (Amendment) Act, 2005 — Partition by Execution of Registered Deed or Court Decree is Valid and Not Unconstitutional. The court held that the Explanation defining partition as only by registered deed or court decree is within legislative competence and does not violate fundamental rights.

19 Feb 2015

The petitioners, legal representatives of the original petitioner Puttalinganagouda @ Veeranagouda B Patil, filed a writ petition under Articles 226 a...

High Court

High Court of Karnataka Upholds Constitutional Validity of Explanation to Section 6(5) of Hindu Succession (Amendment) Act, 2005 — Partition by Execution of Registered Deed or Court Decree Held Valid. The Explanation defining 'partition' as only by registered deed or court decree is not arbitrary or violative of Articles 14, 15, or 21 of the Constitution.

19 Feb 2015

The petitioners, legal representatives of the deceased original petitioner, filed a writ petition under Articles 226 and 227 of the Constitution of In...

High Court

Bombay High Court Dismisses Writ Petition Challenging Settlement Commission Order Under Section 245D(4) of Income Tax Act — No Jurisdictional Error Found in Rejecting Settlement Application for Non-Disclosure of Full Income.

22 Feb 2012

The petitioner, Major Metals Ltd., filed a writ petition under Article 226 of the Constitution challenging an order dated 30 December 2010 passed by t...

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