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Supreme Court Allows Insurer's Appeal in Insurance Claim Dispute Over Depreciation Rate for Fire-Damaged Machinery. Court Holds That Insured's Failure to Reinstate Damaged Property Within Extended Time Renders Reinstatement Value Clause Inoperative, Entitling Only Market Value on Depreciation Basis.

The dispute arose from a fire accident on 12.12.1998 that destroyed the '20 Hi Cold Rolling Mill' of the insured, M/s Bhushan Steel and Strips Ltd (la...

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Bombay High Court Hears Land Acquisition References from Talsania Family Against SLAO's Valuation for Acquired Andheri Land; Sale Instance of Vazirani Plot and Deductions for Development Under Scrutiny. Interest on Compensation Restricted to 9% Per Annum by Consent in Related Summary Suits.

The case comprised several land acquisition references filed under Section 18 of the Land Acquisition Act, 1894, seeking enhancement of compensation f...

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Madras High Court Allows State Appeal in Cauvery River Drowning Case — No Compensation for Deaths Due to Quicksand in Riverbed. Court Holds That Deaths Occurred in a Natural River Course and Not Due to Any Negligence or Omission by State Authorities, Reversing Single Judge's Award of Compensation.

The case involves three writ appeals filed by the State of Tamil Nadu against a common order of a learned Single Judge of the Madras High Court, which...