Search Results for "joint and several liability"

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High Court of Bombay at Nagpur Upholds Compensation Award in Motor Accident Claim — Insurance Company's Appeal Dismissed. Multiplier applied as per age of deceased, not claimant, under Motor Vehicles Act, 1988.

The case arises from a motor accident claim petition filed by the legal representatives of Prakash Potdar, who died in a vehicular accident. The decea...

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Bombay High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation for Death of 30-Year-Old Travels Business Owner. Insurer Fails to Prove Driver's Lack of Valid License, Adverse Inference Drawn Against Insurer.

The appeal arises from a judgment and order dated 02/11/2004 passed by the Motor Accident Claims Tribunal, Chandrapur in Claim Petition No.142 of 2001...

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Supreme Court Allows Dealer's Appeal in Motor Accident Claim — Dealer Not Liable as Owner Under Motor Vehicles Act, 1988. Dealership Agreement Cannot Shift Statutory Liability of Manufacturer for Third-Party Compensation.

The Supreme Court allowed the appeal filed by Vaibhav Jain, the proprietor of M/s Vaibhav Motors, a dealer of Hindustan Motors Pvt. Ltd. The case aros...

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High Court of Karnataka Dismisses Insurance Company's Appeal in Motor Accident Claim Case — Upholds Compensation for Parents of Deceased. Owner and Driver Held Jointly Liable; Insurance Company's Defense of No Valid Driving License Fails Due to Lack of Evidence.

The case arises from a motor accident claim petition filed by the parents of the deceased, Mohan, who died in a road traffic accident on 03.01.2003 at...

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Supreme Court Allows Appeal, Upholds Arbitral Award Holding Husband Jointly and Severally Liable for Wife's Debit Balance in Stock Trading Account — Oral Contract for Joint Liability Falls Within Scope of BSE Bye-law 248(a) Arbitration Clause.

The Supreme Court allowed the appeal filed by AC Chokshi Share Broker Private Limited against the order of the Bombay High Court's division bench, whi...

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High Court of Karnataka Dismisses Insurer's Appeal in Motor Accident Claim — Contractual Liability Under Section 147(1) Proviso (ii) Not Applicable to Third-Party Claims. Insurer Held Jointly and Severally Liable with Owner and Lessee for Compensation Awarded to Injured Claimant.

The appeal was filed by New India Assurance Co. Ltd. against the judgment and award of the Motor Accidents Claims Tribunal (MACT), Bangalore, in MVC N...

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Karnataka High Court Allows Appeal in Recovery Suit, Reduces Interest Rate from 23% to 6% p.a. for Money Lending Transactions. Court Held That Charging 23% Interest Was Unconscionable and Excessive Under Section 34 CPC, and Reduced It to 6% p.a. Simple Interest.

The plaintiff, G.R. Shet, proprietor of M/s Shet & Co., filed a suit for recovery of money against M/s Bawa Enterprises (a partnership firm) and its p...

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Bombay High Court Allows Recovery Suit Against Customs for Wrongful Sale of Goods Held by Court Receiver. Plaintiff entitled to refund of purchase price paid to Court Receiver for goods that could not be delivered due to prior sale by Customs.

The suit was filed by M & H Enterprises Pvt. Ltd. (Plaintiff) against the Court Receiver, High Court, Bombay (Defendant No.1) and the Commissioner of ...