Search Results for "interest under Section 30(4)"

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High Court of Bombay at Nagpur Bench Upholds Compensation Award in Motor Accident Claim — Insurance Company Liable for Death of Student. The court affirmed the Tribunal's award of Rs. 4,50,000 with interest, rejecting the Insurance Company's plea of breach of policy conditions and contributory negligence.

The case arises from a motor accident claim petition filed by the parents of Rajesh, a 19-year-old student who died in a road accident on 4-5 July 199...

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Bombay High Court Allows Insurance Company's Appeal in Motor Accident Claim — Reduces Compensation Due to Erroneous Deduction and Multiplier. Deceased bachelor's personal expenses deduction corrected to 1/3rd, multiplier reduced to 16 based on mother's age, and 10% contributory negligence applied.

The appellant, an insurance company, challenged the award of the Motor Accident Claims Tribunal granting Rs. 1,02,00,000 to the respondents, legal hei...

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Madras High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Negligence of Driver Upheld. Insurance Company Failed to Prove Breach of Policy Conditions or Negligence of Deceased Pedestrian; Compensation Award Confirmed.

The case arises from a motor accident claim filed by the legal representatives of the deceased Palaniyandi, who died in a road accident on 19.10.2019....

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Karnataka High Court Upholds Dismissal of Bank Officer in Disciplinary Proceedings for Reckless Lending and Negligent Compromise of Securities. Non-furnishing of Investigation Report Did Not Prejudice Defence as Charges Were Based on Clear Evidence and Admission.

The appellant, Sri M R Nagarajan, a former Branch Manager of Syndicate Bank (later merged with Canara Bank), was subjected to a disciplinary enquiry o...