Search Results for "wrongful loss"

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Bombay High Court Allows Appeal by Depository Against Arbitral Award for Lost Shares Due to Third-Party Fraud. Court Holds That Depository Not Liable Absent Negligence or Breach of Contract Under Section 12(1-A) of SEBI Act, 1992.

The case involves an appeal by Central Depository Services (India) Ltd. (CDSL) against a judgment of a learned Single Judge dated 01/12/2025, which up...

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Supreme Court Dismisses Appeal by Insurance Company, Holds Mediclaim Amount Not Deductible from Motor Accident Compensation. Contractual Insurance Benefit Is Independent of Statutory Compensation Under Motor Vehicles Act, 1988, and Cannot Be Deducted to Avoid Double Recovery.

The Supreme Court in this appeal considered the question whether amounts received by a claimant under a Mediclaim policy are deductible from the compe...

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Supreme Court Quashes Criminal Proceedings in Company Dispute Under Companies Act and IPC -- Civil Nature and Statutory Bar Upheld

The Supreme Court allowed criminal appeals filed by Yerram Vijay Kumar and Rajeev Kumar Agarwal against the State of Telangana and others, quashing cr...

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Bombay High Court Allows Writ Petition Challenging Withdrawal of Eligibility Communication Under Direct Tax Vivad Se Vishwas Act, 2020. Interpretation of Section 9(c) of DTVSV Act: Pending criminal proceedings without charge-sheet or not relating to tax matters do not bar eligibility.

The petitioner, Reliance Industries Limited, filed a writ petition challenging the withdrawal of a communication dated 21st October 2020 issued by the...

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Bombay High Court Upholds Compensation Award in Motor Accident Case — Insurance Company Liable for Negligent Parking of Vehicle. Truck parked without indication on highway causing accident; insurer held jointly liable with owner for compensation under Motor Vehicles Act, 1988.

The case arises from a motor accident that occurred on 13th March 2009, when the respondent no.1, a minor aged 10 years, was traveling in a Tata Magic...

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Bombay High Court Dismisses Plaintiff's Claim for Short Delivery of Urea Due to Lack of Title to Sue Under Bill of Lading. Plaintiff Not a Party to Bill of Lading and Cannot Maintain Admiralty Action for Short Landing.

The plaintiff, Dreymoor Fertilizers Overseas Pte. Ltd., filed an admiralty suit against the vessel m.v. Theoforos-1 claiming short delivery of 520.30 ...