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High Court of Karnataka Enhances Compensation for Minor with 90% Disability in Motor Accident Case — Rs. 16,50,000 Increased to Rs. 25,00,000 with 6% Interest. Loss of future prospects and attendant charges awarded for minor victim with amputation of both legs.

The appellant, Kumari Laxmi, a minor aged 2 years, suffered severe injuries in a motor accident, resulting in amputation of her left leg above the kne...

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High Court of Karnataka Enhances Compensation for Motor Accident Victim in MFA No. 894 of 2020. Claimant awarded Rs. 2,50,000/- for injuries sustained in road accident under Motor Vehicles Act, 1988.

The appellant-claimant, Sri Milind Kunale, filed an appeal under Section 173(1) of the Motor Vehicles Act, 1988, challenging the judgment and award da...

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Bombay High Court Partially Sets Aside Arbitral Award in Dealership Dispute Over Supply of Spurious Bearings and Non-Delivery. Court Upholds Termination for Breach of Implied Warranty of Genuineness but Remits Damages for Non-Delivery for Reconsideration.

The judgment concerns cross arbitration petitions under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award arisin...

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High Court of Bombay Hears Petition to Quash Criminal Proceedings Based on SEBI Consent Order. The Court Reviews the Effect of Consent Order under Sections 11 and 11B of the SEBI Act on Pending Trial for Offences under Indian Penal Code and Prevention of Corruption Act.

The petitioner, an accused in two criminal cases arising from alleged illegalities in the Initial Public Offerings (IPOs) of Yes Bank Limited and Infr...

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High Court of Karnataka Enhances Compensation for Injured Claimant in Motor Accident Case — Permanent Disability Assessment and Multiplier Applied Correctly. Claimant awarded enhanced compensation for pain and suffering, conveyance, and nourishment under Motor Vehicles Act, 1988.

The appellant, Chethana, aged 29 years, filed a claim petition under Section 173(1) of the Motor Vehicles Act, 1988, seeking compensation for injuries...

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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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High Court of Karnataka Allows Insurance Companies' Appeals in Motor Vehicle Accident Case — Insurers Exonerated from Liability Due to Violation of Policy Conditions. Claimant's Appeal for Enhanced Compensation Dismissed.

The case involves three appeals arising from a motor vehicle accident that occurred on 18.08.2012. The claimant, Durgappa, sustained injuries while tr...