Search Results for "Interest Rate"

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"Justice for Appelants: Ensuring Full Compensation for a Life Altered Irreversibly" Supreme Court enhances compensation for a minor severely injured in a road accident, balancing pecuniary and non-pecuniary damages.

The Supreme Court enhanced the compensation awarded to Baby Sakshi, a minor victim of a road accident that left her with 75% permanent disability due ...

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Supreme Court upholds enhanced compensation for 100% functional disability with focus on 'pain and suffering.'

This case centers on the quantum of compensation for an accident victim, K.S. Muralidhar, who sustained life-altering injuries resulting in 100% funct...

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Supreme Court Sets Precedence in Determining Notional Income and Date of Birth in Accident Compensation Claims. Supreme Court revisits MACT award calculations, emphasizing proof of age, notional income standards, and fair compensation interest rates.

  Case BackgroundThe appellants, the wife and sons of deceased Silak Ram, filed an appeal for compensation after a road accident in which Silak ...

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Petitioner Granted Loan Waiver under Chhatrapati Shivaji Maharaj Shetkari Sanman Yojana-2017 Despite Loan Secured by Gold Ornaments Court Allows Petition, Directs Bank to Extend Loan Waiver Benefits to Agriculturist Petitioner

The court ruled in favor of the Petitioner, directing the Bank of Maharashtra to extend the benefits of the "Chhatrapati Shivaji Maharaj Shetkari Sanm...

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Pensionary Benefits for Voluntarily Retired Employees Covered Under Grant-in-Aid Institutions. Employees who opt for voluntary retirement are entitled to pensionary benefits if their institution was on a Grant-in-Aid basis at the time of retirement, even if it was non-grant initially.

Rule Made Returnable (Para 1-2) The petitioner, a full-time lecturer in the Agricultural Development Trust, was appointed in 1993. The institut...

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Bombay High Court Revises Mesne Profits and Interest in Dispute Between Forbes Gokak Ltd. and BPCL. Court fixes quantum of mesne profits while reducing interest rate in long-standing tenancy dispute.

The dispute between M/s. Forbes Gokak Ltd. (landlord) and Bharat Petroleum Corporation Limited (BPCL) (tenant) regarding mesne profits and interest af...

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Supreme Court Restores Mortgage Decree with Reduced Interest Rate in A. B. Govardhan v. P. Ragothaman. In a pivotal judgment, the Supreme Court reinstates a lower court's mortgage decree, modifying the interest rate while emphasizing the validity of the mortgage agreement.

The Supreme Court of India, in the case of A. B. Govardhan v. P. Ragothaman, overturned the decision of the Division Bench of the Madras High Court, ...

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Supreme Court Reverses Acquittal in Cheque Bounce Case, Upholds Conviction. High Court and Appellate Court Decisions Overturned on Grounds of Legal Enforceability of Debt.

The Supreme Court of India, reversed the High Court's and the Appellate Court's decisions that had acquitted the respondent in a cheque bounce case un...