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Bombay High Court Partially Allows Challenge to Arbitral Award in Price Adjustment Dispute Under World Bank-Financed Contract. Court Upholds Majority Award's Interpretation of Price Adjustment Clause but Modifies Interest Rate from 18% to 12%.

The petitioner, M/s. Angerlehner Structurals & Civil Engineering Co., was awarded a contract by the Municipal Corporation of Greater Mumbai (MMC) for ...

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Bombay High Court Dismisses PIL Seeking Investigation into MLA's Assets for Lack of Credible Material. Court holds that mere allegations of disproportionate assets without prima facie evidence cannot justify investigation under Prevention of Corruption Act, 1988.

The petitioner, Sanjay Dinanath Tiwari, filed a Public Interest Litigation in the Bombay High Court seeking investigation into the financial affairs o...

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Bombay High Court Enhances Compensation for Landowners in MSRTC Bus Depot Acquisition Relying on Prior Award. Market Value Determined Based on Prior Award in Identical Acquisition Proceedings Under Section 18 of Land Acquisition Act, 1894.

The case involved three land acquisition references under Section 18 of the Land Acquisition Act, 1894, filed by the landowners claiming enhanced comp...

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Bombay High Court Dismisses Insurance Company's Challenge to Arbitral Award on Fire Insurance Claim. Reinstatement Value Claim Allowed Despite Delay in Replacement; Acceptance Under Protest Not Full Settlement; Interest at 18% Upheld.

The New India Assurance Company Limited (Petitioner) issued two fire and special perils insurance policies to M/s. Alan Scott Industries Limited (Resp...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim Case — Insurance Company's Appeal Dismissed. Claimants awarded enhanced compensation for death of breadwinner under Motor Vehicles Act, 1988.

The case involves two appeals: MFA No.233/2021 filed by the claimants (legal representatives of the deceased S.B. Yeshwant) seeking enhancement of com...