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Supreme Court Allows Appeal in Insurance Claim Case for Theft of Vehicle Purchased at Auction — Insurer Cannot Repudiate Claim on Ground of Lack of Insurable Interest When Premium Was Accepted and Policy Issued Reflecting Transferee's Name.

The appellant, M/s. Balwant Singh & Sons, purchased a vehicle at an auction conducted by ICICI Bank, the hypothecatee, after the original owner (third...

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High Court of Karnataka Allows Claimants' Appeal for Enhanced Compensation in Motor Accident Claim — Deceased was a 37-year-old Software Engineer earning Rs. 15,000 per month; multiplier of 15 applied with 50% future prospects and Rs. 30,000 for loss of consortium.

The case arises from a motor accident claim petition filed by the legal representatives of the deceased, K.P. Sudhakaran, who died in a road accident ...

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High Court of Karnataka Allows Insurance Company's Appeals in Motor Accident Claims — Reduces Compensation Due to Lack of Proof of Income. Claimants failed to establish income of deceased, leading to reduction of compensation awarded by MACT.

The case involves multiple appeals filed by the Oriental Insurance Company Limited under Section 173(1) of the Motor Vehicles Act, 1988, challenging t...

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Bombay High Court Dismisses Revenue's Appeal in Sales Tax Case on Handling Charges. Handling charges for registration of motor cycles are not part of sale price under Section 2(25) of MVAT Act, 2002.

The Revenue appealed against an order of the Maharashtra Sales Tax Tribunal which set aside tax on handling charges collected by the respondent, a dea...