Search Results for "Exorbitant Interest"

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High Court of Karnataka Dismisses KSRTC Appeals in Motor Accident Claims, Upholds Tribunal Awards for Injured and Deceased Victims. Contributory Negligence Not Established; Compensation Enhanced for Loss of Consortium and Future Prospects.

The case involves four miscellaneous first appeals filed by the Managing Director of KSRTC (North West Division) against the judgment and award dated ...

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation of Rs.19,30,000 for Death of Ganeshan. Negligence of Driver of Insured Vehicle Established, and Insurer Liable to Pay Compensation Under Motor Vehicles Act, 1988.

The appeal was filed by the Regional Manager of National Insurance Company Limited against the judgment and award dated 22.09.2016 passed by the IX Ad...

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Bombay High Court Dismisses Petition Challenging Compensation for Defective Cotton Seeds — Procedural Lapses Not Fatal When Defect Not Disputed. Compensation Upheld but Interest Reduced from 24% to 12% Under Maharashtra Cotton Seeds Act, 2009 and Rules, 2010.

The petitioner, M/s Bayer Bio Science Private Limited, a seed manufacturing company, challenged an order dated 29 December 2011 passed by the Commissi...

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High Court of Bombay Dismisses Broker's Challenge to Arbitral Award in Client Dispute Over Delay Paying Charges. Unilateral Charging of 2% Daily Interest Without Specific Agreement or Proof of Loss Held Unconscionable and Not Enforceable Under Section 34 of Arbitration and Conciliation Act, 1996.

The case involves a dispute between Sharekhan Limited, a trading member/broker of the Bombay Stock Exchange (BSE), and Nita Thakkar, a client. The bro...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Detention Charges Dispute — No Ground for Interference Under Section 34 of Arbitration Act. Contractual terms and bill of lading conditions upheld; waiver claim rejected for lack of evidence.

The petitioners, Starlite Lighting Ltd., entered into a contract to purchase machines from Philip Lighting B.V., Netherlands, which were shipped in 13...

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Bombay High Court Directs Strict Enforcement of Helmet Law in Public Interest Litigation. Court Emphasizes Compliance with Section 129 of Motor Vehicles Act, 1988 to Reduce Road Fatalities.

The petitioner, Free Legal Aid Cell (NGO), filed a Public Interest Litigation before the Bombay High Court seeking directions for strict enforcement o...

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Bombay High Court Directs Strict Enforcement of Helmet Law in Public Interest Litigation. Court Orders State to Ensure Compliance with Section 129 of Motor Vehicles Act, 1988 to Reduce Fatal Road Accidents.

The Bombay High Court disposed of a public interest litigation filed by Free Legal Aid Cell (NGO) seeking enforcement of the mandatory helmet law unde...