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High Court of Gujarat Partly Allows Appeal and Enhances Compensation for Motor Accident Victim Due to Erroneous Assessment of Permanent Disability. Tribunal's Award Modified Under Section 173 of Motor Vehicles Act, 1988 as Medical Evidence Showed 15% Disability Instead of 5%.

The appellant, Varsingbhai Tajabhai Bhabhor, filed a first appeal under Section 173 of the Motor Vehicles Act, 1988, against the judgment and award da...

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Supreme Court Clarifies SEBI's Jurisdiction in Investor Compensation Claims Under Securities Law. SEBI Lacks Power to Award Direct Compensation but Can Order Disgorgement of Ill-Gotten Gains for Restitution Under Sections 11 and 11B of the Securities and Exchange Board of India Act, 1992.

The dispute originated in 2005 when the Securities and Exchange Board of India (SEBI) issued a show-cause notice to M/s. Vital Communications Limited ...

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Madras High Court Partially Allows Insurance Appeal and Dismisses Claimant Cross-Objection in Motor Accident Compensation Case — Compensation Reduced from Rs. 1,01,00,000 to Rs. 87,00,000. Future Prospects and Multiplier Upheld, but Calculation Error in Loss of Earning Capacity Corrected.

The case arises from a motor accident that occurred on January 31, 2017, when the claimant, Dhakshinamoorthy, was riding a motorcycle and was hit by a...

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Supreme Court Allows Appeal in Mediclaim Policy Renewal Dispute — Insurer Must Disclose Material Changes in Coverage at Renewal. Renewal of Insurance Policy is Not a Fresh Contract; Insurer Owed Duty to Inform Insured of Restrictive Terms Under Principle of Utmost Good Faith.

The appellants, Jacob Punnen and his wife, held a Mediclaim policy with United India Insurance Co. Ltd. since 1982, renewed annually. In March 2008, t...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim Case — Deceased was a 60-year-old agriculturist earning Rs.6,000 per month; Tribunal's notional income of Rs.4,500 per month enhanced to Rs.6,000 per month with multiplier of 9 and 1/3rd deduction for personal expenses.

The appeal was filed by the claimants (wife and children of the deceased Buddappa) under Section 173(1) of the Motor Vehicles Act, 1988, against the j...

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High Court of Karnataka Enhances Compensation for Tempo Accident Victim — Owner Held Liable Despite Insurance Exclusion. Coolie Injured in Rash Driving Awarded Rs. 3,00,000/- Under Motor Vehicles Act, 1988.

The appellant, Munikrishna Murthy, was a coolie traveling in a tempo bearing registration No.KA-04/B-622 owned by respondent No.1 (Abraham) on 2.3.200...