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High Court

High Court of Judicature at Bombay, Ordinary Original Civil Jurisdiction, hears a company petition for winding up of Videocon Industries Limited under sections 433(e) and 434(1)(a) read with 439 of the Companies Act, 1956. The petition, filed by an Italian bank, alleges non-payment of Euros 38 million under a Patronage Letter, which the petitioner argues is a guarantee for a loan to a step-down subsidiary.

5 Dec 2013

The petition, Company Petition No. 528 of 2012, was filed by Intesa Sanpaolo S.P.A., an Italian bank, seeking the winding up of Videocon Industries Li...

High Court

High Court of Karnataka Partly Allows Insurance Company's Appeal and Dismisses Claimant's Appeal in Motor Accident Compensation Case — Multiplier Applied as per Sarla Verma, Interest Rate Reduced from 9% to 6% per annum.

27 Sep 2024

The case involves two cross-appeals arising from a motor accident claim. The claimant, Prafulla U Shetty, filed a claim petition under the Motor Vehic...

High Court

High Court of Karnataka Dismisses Insurance Company's Appeals and Allows Claimants' Appeals in Motor Accident Claim Cases — Apportionment of Contributory Negligence and Quantum of Compensation Upheld and Enhanced. The Court upheld the Tribunal's finding of 50:50 contributory negligence between the drivers of the car and tractor-trailer, and enhanced compensation for death and injury claims under the Motor Vehicles Act, 1988.

27 Feb 2024

The case arises out of a motor vehicle accident that occurred on 20-05-2017 involving a car bearing registration No.KA-22/M-5656 and a tractor-trailer...

High Court

High Court of Karnataka Partly Allows BMTC Appeal in Motor Accident Claim Due to Contributory Negligence of Deceased Motorcyclist. Liability Apportioned Equally Between BMTC and Deceased, Compensation Reduced to Rs.39,55,000/- with 6% Interest.

7 Sep 2022

The appeal was filed by the Bangalore Metropolitan Transport Corporation (BMTC) challenging the judgment and award dated 17.09.2016 passed by the IX A...

High Court

Bombay High Court Allows NAFED's Chamber Summons for Return of Rs. 32 Crore Deposited in Suit, Dismisses Plaintiffs' Notice of Motion for Withdrawal. Court holds that NAFED is entitled to refund of deposit made under mistaken belief of liability, and plaintiffs cannot claim the amount as they have no decree or order in their favor.

13 Feb 2024

The judgment arises out of three applications in Suit No. 121 of 2014 pending before the Bombay High Court. The plaintiffs, L.J. Tanna Enterprises Pvt...

High Court

Bombay High Court Allows Insurance Company's Appeal and Partly Allows Claimants' Appeal in Motor Accident Claim Case — Negligence of Truck Driver Established, Contributory Negligence Not Proved. Claimants awarded enhanced compensation with 6% interest per annum from date of petition.

6 Nov 2023

The judgment arises from two cross-appeals against the award of the Motor Accident Claims Tribunal, Sangli, dated 28 September 2005 in Claim Petition ...

High Court

Bombay High Court Dismisses Insurance Company's Appeal Against Compensation Award in Motor Accident Claim — Negligence Proved and Quantum Upheld. Deceased's Income Reduced to Rs.2,800 per Month but 50% Future Prospects and Multiplier of 18 Applied Correctly.

23 Oct 2015

The case arises from a motor accident claim filed by the parents of a deceased 25-year-old man who died in a vehicular accident. The claimants, Ramrao...

High Court

Bombay High Court Dismisses Trust Petition for Distribution of Undistributed Funds Under Will — Failure of Bequest to Wife Does Not Entitle Petitioner to Funds as Residuary Bequest to Charity Takes Effect. Clause 7 of Will Only Operates on Failure of Bequest to Wife, But Amount Then Goes to Charity Under Clause 5, Not to Petitioner.

22 Jun 2005

The present trust petition was filed by Devishankar S/o Ganga Prasad Ram Narayan Tripathi & Ors. seeking distribution of undistributed funds under Cla...

High Court

Bombay High Court Allows Appeal in Motor Accident Claim Case — Enhances Compensation for Death of a 19-Year-Old Student. Court holds that future prospects must be considered even for non-earning deceased, and multiplier should be based on age of deceased, not claimant.

16 Aug 2013

The case arises from a motor accident claim petition filed by the appellants, who are the legal heirs of the deceased, a 19-year-old student named Pra...

High Court

Bombay High Court Upholds Foreign Travel Scheme Expenditure as Accrued Liability and Seed Processing as Manufacture for Section 80IA Deduction. Assessee's Unconditional Incentive Scheme Announcement Created a Binding Contract, Making Liability Accrued, Not Contingent.

22 Nov 2021

The appeal arose from an order of the Income Tax Appellate Tribunal, Mumbai, relating to Assessment Year 1996-1997. The assessee, Maharashtra Hybrid S...

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