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Supreme Court Allows Appeal of Dissenting Financial Creditor in Insolvency Case on Interpretation of Amended Section 30(2)(b)(ii) - Court Holds Amendments Apply to Pending Proceedings and Entitle Creditor to Liquidation Value of Security Interest Under Insolvency and Bankruptcy Code, 2016.

The dispute arose from appeals concerning the interpretation of amended Section 30(2)(b)(ii) of the Insolvency and Bankruptcy Code, 2016. The appellan...

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High Court Dismisses/Allows Appeals in Motor Accident Claims Cases, Applying MV Act Section 173(1). Multiple Insurance Companies Challenge MACT Awards; Court's Final Direction Not Stated.

This is a batch of appeals filed under Section 173(1) of the Motor Vehicles Act, 1988 before the High Court of Karnataka, Kalaburagi Bench against var...

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High Court of Karnataka, Kalaburagi Bench Disposes of Multiple Motor Accident Claims Appeals under Section 173(1) of MV Act. The appeals arose from awards of the Motor Accident Claims Tribunal concerning compensation for injuries and deaths in road accidents.

The High Court of Karnataka, Kalaburagi Bench heard a batch of miscellaneous first appeals filed under Section 173(1) of the Motor Vehicles Act, 1988,...

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Bombay High Court Allows Insurance Claim for Goods Destroyed by Fire During Customs Delay — Insurer Liable Despite Policy Issued After Goods Were in Port. The court held that the plaintiff had an insurable interest and the policy covered the loss by fire, rejecting the insurer's defense of no risk.

The plaintiff, M/s. Hasmukhrai Chandrakant, filed a suit against The Oriental Fire and General Insurance Co. Ltd. for recovery of Rs.18,70,322.42 with...

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Supreme Court Examines Appeals Concerning Kudankulam Nuclear Power Plant, Addressing Safety and Regulatory Measures Under Atomic Energy Act, 1962. The Court Deliberates on Balancing National Energy Policy with Public Apprehensions Stemming from Past Nuclear Incidents.

The case centers on appeals related to the establishment of a nuclear power plant at Kudankulam in Tamil Nadu. The judgment begins by acknowledging th...