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Madras High Court Reduces Compensation in Motor Accident Case Due to Contributory Negligence — Deceased Motorcyclist Found 50% Liable for Collision with Tipper Lorry. The court apportioned liability equally after finding the deceased was riding on the wrong side of the road.

The appeal was filed by the insurance company challenging the quantum of compensation awarded by the Motor Accidents Claims Tribunal in M.C.O.P.No.138...

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Bombay High Court Upholds Tribunal's Power to Void Gift Deed Under Senior Citizens Act — Son Directed to Hand Over Possession of Flat to Parents. Gift Deed Executed by Parents in Favor of Son Declared Void as Parents Were Not Provided Basic Amenities and Were Subjected to Ill-Treatment.

The Petitioner, Ashwin Ramesh Soni, is the son of Respondent Nos.1 and 2, Ramesh Bachaulal Soni and Beena Ramesh Soni, who are senior citizens aged 68...

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High Court of Karnataka Decides Revenue's Wealth Tax Appeals Involving Definition of 'Assets'. The Appeals Challenge ITAT Orders Regarding Assessment Years 1999-2000 to 2004-05 under Section 2(ea) of Wealth Tax Act, 1957.

The High Court of Karnataka heard a batch of Wealth Tax Appeals filed by the Revenue under Section 27-A of the Wealth Tax Act, 1957, against the order...

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High Court Dismisses Appeal Against Winding-Up Order in Bond Default Case; Upholds Adverse Remarks Against Directors for Fund Diversion. Company Found Unable to Pay Debts and Substratum Lost, Justifying Winding Up Under Sections 433(e) and 433(f) of Companies Act, 1956.

The appeal arose from a winding-up order passed by the learned company Judge against Zenith Infotech Limited (the appellant) in a petition filed by Th...