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High Court of Karnataka Reduces Compensation in Motor Accident Claim Due to Deduction of 50% Towards Personal Expenses for a Bachelor Deceased. Tribunal's award of Rs.19,57,950/- modified to Rs.13,05,300/- with 9% interest per annum.

The appeal was filed by the insurance company challenging the judgment and award dated 15.07.2016 passed by the Principal Motor Accident Claims Tribun...

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Bombay High Court Partly Allows Appeal in Motor Accident Claim — Compensation Enhanced for Deceased Student with Future Prospects. Notional Income of Rs. 15,000 per annum with 40% addition for future prospects and multiplier of 18 applied under Motor Vehicles Act, 1988.

The appellant, Sau. Suman Raghunath Wagh, filed a First Appeal under Section 173 of the Motor Vehicles Act, 1988, challenging the award of the Motor A...

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High Court of Karnataka Dismisses Winding-Up Petition Against Kingfisher Airlines Ltd. for Lack of Service of Statutory Notice. Petition under Sections 433(e) and (f) of the Companies Act, 1956 fails as petitioner Aerotron Limited did not prove service of demand notice under Section 434.

The petitioner, Aerotron Limited, a company incorporated under the laws of England and Wales, filed a winding-up petition under Sections 433(e) and (f...

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High Court of Karnataka Allows Winding Up Petition Against Airline Company for Inability to Pay Debts Under Companies Act, 1956. The court held that the company was commercially insolvent and unable to pay its debts, and appointed the Official Liquidator to take charge of its assets.

The petitioner, Aerotron Limited, a company incorporated under the laws of England and Wales, filed a company petition under Sections 433(e) and (f) r...

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Bombay High Court Allows Insurance Company's Appeal Against Penalty Liability Under Workmen's Compensation Act. Insurance Company Not Liable for 50% Penalty Amount as It Is Personal Liability of Employer.

The case involves an appeal by the New India Assurance Company Ltd. against an order of the Commissioner for Workmen's Compensation and Judge, Labour ...