Search Results for "Loan Insurance"

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Upholding Autonomy Amidst Settlement Disputes Exploring Legal Principles and Precedents in Arbitration Law

This Judgment pertains to a legal discussion surrounding arbitration under the Arbitration and Conciliation Act, 1996, particularly focusing on the re...

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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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Supreme Court Dismisses Appeal by Insurance Company in Fidelity Guarantee Claim for Employee Dishonesty. Employee Involvement in Substituting Mentha Oil with Water Proved Through Survey Report and Police Complaint, Upholding National Commission's Award of Rs. 3.46 Crore with Interest.

The appellant, Oriental Insurance Co. Ltd., issued a Fidelity Guarantee Insurance Policy to the respondent, National Bulk Handling Corporation Pvt. Lt...

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Bombay High Court Allows Appeal of Housing Society Against ESI Corporation — Society Not a 'Shop' Under ESI Act Notification. Principles of Natural Justice Not Applicable to Notification Under Section 1(5) of Employees' State Insurance Act, 1948.

The appellant, Vidarbha Premier Co-operative Housing Society, filed an appeal against the order of the Employees' State Insurance Court, Nagpur, which...

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Bombay High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Employee Injured While Boarding Employer's Bus. Insurer Liable as Policy Covered Vehicle and Claimant Was a Passenger Under Motor Vehicles Act, 1988.

The case involves an appeal by the United India Insurance Company against an order of the Motor Accidents Claims Tribunal (MACT), Mumbai, dated 8.10.1...