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Search Results for "Magma General Insurance"

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High Court

High Court of Karnataka Enhances Compensation in Motor Accident Claim Due to Incorrect Income Assessment and Neglect of Future Prospects. The Tribunal's award of Rs.13,88,100/- was enhanced to Rs.17,32,400/- by applying notional income of Rs.13,250/- per month and adding 40% towards future prospects under Section 173(1) of the Motor Vehicles Act, 1988.

4 Apr 2025

The case pertains to a motor accident claim filed by the appellants, who are the legal representatives of the deceased Subhash, who died in a road acc...

High Court

Bombay High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Truck Driver Held Solely Negligent Despite Head-On Collision. Interest on Future Prospects Granted Following Supreme Court Precedent.

1 Oct 2024

The appellant, IFFCO-TOKIO General Insurance Co. Ltd., challenged the judgment and order dated 11.12.2012 of the Motor Accident Claims Tribunal, Osman...

High Court

High Court of Karnataka Enhances Compensation for Death of Two Persons in Tractor-Trailer Accident. Motor Accident Claims Tribunal's award modified by applying correct multiplier and adding future prospects under Motor Vehicles Act, 1988.

14 Aug 2024

The case arises from a motor vehicle accident that occurred on 28.04.2015 involving a tractor-trailer bearing registration No. KA-28/T-5533-5534, whic...

High Court

Bombay High Court Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim — Parents of Deceased Captain Awarded Reduced Amount Due to Contributory Negligence and Deduction of Personal Expenses. The Court held that 50% contributory negligence was attributable to the deceased driver and that 50% deduction for personal expenses was warranted in a claim by parents, reducing the award from Rs.14,76,000 to Rs.3,59,250.

7 Nov 2023

The case arises from a motor vehicle accident on 28 July 2002 on Sangli-Kolhapur Road near Akashwani Kendra, Sangli. Captain Shailendra Karandikar was...

High Court

Bombay High Court Allows Appeal in Motor Accident Claim Case Due to Erroneous Income Assessment and Contributory Negligence Finding. Deceased was a 65-year-old business partner and commission agent; court held that income should be Rs.3,000 per month and driver was solely negligent, enhancing compensation from Rs.1,40,000 to Rs.2,30,000.

28 Aug 2023

The appeal was filed under Section 173 of the Motor Vehicles Act, 1988, challenging the judgment and award dated 16th August 2004 passed by the Motor ...

High Court

High Court of Bombay Dismisses Insurance Company's Appeal in Motor Accident Claim — Insurer Liable Despite Alleged License Breach. Deceased was a third party and insurer failed to prove willful breach of policy conditions under Section 149 of Motor Vehicles Act, 1988.

3 Jan 2020

The case arises from a motor accident claim filed by the dependents of deceased Ajay Avatade, who died in a road accident on 6th February 2012. The cl...

High Court

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.

2 Apr 2019

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...

High Court

High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation of Rs.2,00,000 for Minor Pedestrian Injured by Maxi Cab. Negligence of Driver Established Through Criminal Proceedings and Tribunal's Findings, Insurance Company Liable to Pay Compensation Under Motor Vehicles Act, 1988.

8 Jan 2019

The appeal was filed by the United India Insurance Company Limited under Section 173(1) of the Motor Vehicles Act, 1988, against the judgment and awar...

High Court

High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation of Rs.2,00,000 for Minor Injured by Rash Driving. The court affirmed the Tribunal's finding of negligence and quantum of compensation under the Motor Vehicles Act, 1988.

8 Jan 2019

The appeal was filed by the United India Insurance Company Limited against the judgment and award dated 10.09.2008 passed by the III Additional Judge ...

High Court

Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Contributory Negligence of Deceased. The Court apportioned liability 50:50 between the car driver and the truck driver, reducing the insurer's liability from full award to 50%.

4 Dec 2018

The case arises from a motor accident claim filed by the legal representatives of a deceased pillion rider. The deceased was riding pillion on a motor...

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