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High Court of Bombay at Goa Dismisses Insurer's Appeal in Motor Accident Claim — Negligence Finding Upheld. The Court held that the Tribunal's finding on negligence was not perverse and contributory negligence was not proved by the insurer.

The case arises from a motor accident on 17.01.2021 where Mario Bernard Fernandes (Bernard), riding an Activa scooter, collided with a Toyota Qualis i...

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Supreme Court Allows Assessees' Appeals in Interest Tax Dispute on Hire-Purchase Transactions. The interest component in hire-purchase instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974 as hire-purchase transactions are not loans or advances.

The Supreme Court allowed the appeals filed by M/s Muthoot Leasing and Finance Limited and other assessees, setting aside the judgment of the Kerala H...

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Supreme Court Allows Assessees in Interest Tax Act Case on Hire-Purchase Instalments. Hire-purchase agreements are distinct from loans, and interest component in instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974, as it does not constitute interest on loans and advances.

The dispute involved a batch of civil appeals concerning the tax liability of non-banking finance and leasing companies under the Interest-Tax Act, 19...

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High Court of Karnataka Acquits Accused in Cruelty by Husband Case Due to Inconsistent Evidence and Lack of Corroboration. Allegations of Dowry Demand and Harassment Under Section 498A IPC Fail as Prosecution Witnesses Turn Hostile and Material Contradictions Remain Unexplained.

The petitioner, Sadananda Naik, was convicted by the JMFC (III Court), Mangalore, in C.C. No. 5099/2007 for the offence punishable under Section 498A ...

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Bombay High Court Allows Appeal by Vehicle Owner in Motor Accident Claim — Insufficient Evidence of Involvement of Vehicle in Accident. Claimants Failed to Prove That the Offending Vehicle Was Involved in the Fatal Accident, Leading to Setting Aside of Compensation Award.

The appellant, Anuradha Kulkarni, was the owner of a car bearing registration No. MP23B1960. The respondents, legal heirs of Sopan Dandge, filed a cla...

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Bombay High Court Dismisses Winding-Up Petition Against Sundeep Polymers Due to Bona Fide Dispute Over Hire Purchase Agreement. Dispute Regarding Defective Vehicle and Pending Consumer Complaint Constitutes Substantial Grounds, Not a Mere Debt Acknowledgment.

The petitioning-creditor, Tata Motors Ltd (formerly Tata Finance Ltd), filed a winding-up petition under sections 433 and 434 of the Companies Act, 19...