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Bombay High Court Dismisses Appeal Under Section 37 of Arbitration and Conciliation Act, 1996 — Upholds Arbitral Award Holding Stockbroker Liable for Unauthorized Trades by Agent. Broker Failed to Prove Client Authorization for Disputed Trades, Resulting in Compensation of Rs.14,37,200/- to Client.

The case involves an appeal under Section 37 of the Arbitration and Conciliation Act, 1996, filed by IIFL Capital Services Limited (formerly IIFL Secu...

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Gujarat High Court Partly Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim Due to Contributory Negligence and Income Assessment Error. Claimant's contributory negligence fixed at 50% and income reduced from Rs.9,000 to Rs.6,000 per month under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the original claimant, Krishnamurari Ramsevak Mahanto, who sustained severe injuries due...

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Supreme Court Upholds High Court Decision on Public Parking Lot and FSI Computation in Mumbai Building Project. The Court held that construction of public parking lot above plinth level without valid commencement certificate was illegal, and remanded FSI computation issues for fresh consideration.

The case involves a dispute over the construction of a residential building and a public parking lot (PPL) by Shree Ram Urban Infrastructure Ltd. (SRU...

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Supreme Court Allows Government Appeal in Consumer Case Over Exim Policy Incentives. Exporter Not a Consumer as Government Does Not Render Service Under Consumer Protection Act, 1986.

The Supreme Court allowed the appeal filed by the Ministry of Commerce against the order of the National Consumer Disputes Redressal Commission (NCDRC...

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Bombay High Court Dismisses Petition Challenging Conditions for Land Conversion — Land Granted on New and Impartible Tenure Remains Occupancy Class II and Subject to Unearned Income Payment Under Section 29 of Maharashtra Land Revenue Code, 1966.

The petitioner, M/s. Niketan Land and Estate Pvt. Ltd., challenged an order dated 24/02/2010 passed by the Collector, Nashik, which allowed the conver...

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High Court of Bombay Dismisses Employer's Appeal in Workmen's Compensation Case — Employer Liable for Compensation Despite Insurance Exoneration. Employer failed to establish breach of policy conditions; Commissioner's award of compensation and penalty upheld under Workmen's Compensation Act, 1923.

The case involves a first appeal filed by the employer, Balaji Constructions, challenging the judgment and order of the Commissioner appointed under t...

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Bombay High Court Dismisses Appeal in Insurance Claim Dispute — Lockout Not Covered Under Riot and Strike Policy. Consequential loss claim fails as lockout is not a peril insured under the fire and riot/strike extension policies.

The appellant, M/s. Century Textiles & Industries Ltd., a public limited company, filed a suit against four insurance companies (Oriental Fire & Gener...

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Bombay High Court Allows Insurance Claim for Goods Destroyed by Fire During Customs Delay — Insurer Liable Despite Policy Issued After Goods Were in Port. The court held that the plaintiff had an insurable interest and the policy covered the loss by fire, rejecting the insurer's defense of no risk.

The plaintiff, M/s. Hasmukhrai Chandrakant, filed a suit against The Oriental Fire and General Insurance Co. Ltd. for recovery of Rs.18,70,322.42 with...