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Gujarat High Court Partly Allows State's Appeal in Contract Dispute, Reduces Interest Rate from 15% to 9% per annum. Court holds that pendente lite and future interest in commercial contracts should be at the contractual rate or 9% per annum under Section 34 CPC, not 15% as awarded by trial court.

The State of Gujarat, as original defendant, appealed against the judgment and decree dated 30.04.2003 passed by the 6th Joint Civil Judge, Vadodara i...

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Gujarat High Court Allows Appeal in Motor Accident Claim — Insurance Company Liable for Interest from Date of Petition Despite Delayed Impleadment. Interest liability under Section 171 of Motor Vehicles Act, 1988 is compensatory and cannot be denied for pre-impleadment period.

The appellant, Jatin Becharbhai Patel, was the original claimant in a motor accident claim petition (M.A.C.P. No.331 of 1991) before the Motor Acciden...

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Bombay High Court Partially Allows Insurance Appeal in Motor Accident Claim — Reduces Interest Rate from 7.5% to 6% Per Annum. No Contributory Negligence Found as Tribunal's Finding of Negligence on Part of Xylo Driver Was Based on Evidence and Not Shown to Be Perverse.

The appeal was filed by Reliance General Insurance Company Limited under Section 173 of the Motor Vehicles Act, 1988, challenging the judgment dated 3...

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High Court of Karnataka Enhances Compensation in Motor Accident Claim Case — Apportionment of Liability Between Two Vehicles Determined. Negligence of KSRTC Bus Driver and Motorcycle Rider Established; Contributory Negligence Not Applicable.

The case arises from a motor vehicle accident that occurred on 18th June 2007 involving a KSRTC bus and a Hero Honda Splendor motorcycle, resulting in...