Search Results for "Motor Vehicles Act, 1939"

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Supreme Court Allows Assessees in Interest Tax Act Case on Hire-Purchase Instalments. Hire-purchase agreements are distinct from loans, and interest component in instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974, as it does not constitute interest on loans and advances.

The dispute involved a batch of civil appeals concerning the tax liability of non-banking finance and leasing companies under the Interest-Tax Act, 19...

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High Court of Karnataka Allows Insurance Company's Appeal in Motor Accident Claim — Liability Not Fastened as Driver Had No Valid Driving Licence. Owner Failed to Verify Licence Validity, Insurance Company Not Liable but Directed to Pay and Recover Under Section 149(2)(a)(ii) of Motor Vehicles Act, 1988.

The appeal was filed by the Oriental Insurance Company Limited challenging the judgment and award dated 30.06.2012 passed by the Additional Senior Civ...

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Bombay High Court Allows Appeal in Motor Accident Claim Case — Remands for Fresh Assessment of Compensation for Injuries. Legal Representatives Entitled to Compensation for Injuries Suffered by Deceased Claimant Even If Death Not Caused by Accident.

The appeal arises from an award of the Motor Accident Claims Tribunal, North Goa, in Claim Petition No. 120/1998. The original claimant, Smt. Praveena...

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Bombay High Court Partly Allows Insurer's Appeal Reducing Compensation for Death of Two-Year-Old Child in Motor Accident. Notional Income Method Under Section 163A of Motor Vehicles Act, 1988 Cannot Be Applied Retrospectively to Accidents Occurring Before Its Enactment.

The case arises from a motor accident claim where a two-year-old child, Shudhodhan, died after a tractor-trolley driven in reverse dashed against the ...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Lack of Evidence of Income. Claimant failed to prove his income as a driver, leading to reduction of compensation from Rs.15,000 to Rs.7,500 under Motor Vehicles Act, 1939.

The appellant, New India Assurance Company Ltd., challenged the judgment and award dated 27.9.1990 passed by the Motor Accident Claims Tribunal, Bhand...

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Bombay High Court Allows Petition for Condonation of Delay in Section 140 Motor Accident Claim — No Limitation Prescribed for No-Fault Compensation. Tribunal Erred in Rejecting Application for Condonation of Delay as Section 140 Does Not Prescribe Any Limitation Period.

The petitioner, Ramesh Bhimrao Patil, was injured in a motor accident that occurred on 24 November 1989. He filed an application under Section 166 of ...