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Bombay High Court Sets Aside Arbitral Award in Lease Finance Dispute Due to Limitation Bar. Claim for Enhanced Rent Based on Depreciation Disallowance Held Time-Barred Under Article 137 of Limitation Act, 1963.

The petitioner, Aditya Birla Chemicals (India) Ltd., challenged an arbitral award dated 9th August, 2011 under Section 34 of the Arbitration and Conci...

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Gujarat High Court Partly Allows Appeal in Motor Accident Claim — Notional Income Enhanced for Deceased Tailor. Compensation Recalculated with Future Prospects and Multiplier as Per Sarla Verma and Pranay Sethi.

The appellant, Sharmishtaben Laxmishankar, filed a claim petition under the Motor Vehicles Act, 1988, seeking compensation for the death of her mother...

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Madras High Court Allows Appeal and Enhances Compensation in Motor Accident Claim — Negligence of Rider Upheld, Income Reassessed at Rs.15,000 per Month. The court applied multiplier 18 and added 40% future prospects under Motor Vehicles Act, 1988, enhancing award from Rs.17,25,000 to Rs.28,08,000.

The appeal arises from a judgment of the Motor Accident Claims Tribunal, Chennai, dated 18.10.2019 in M.A.C.T.O.P.No.5431 of 2016. The appellants, bei...

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High Court Dismisses Insurer's Appeal as Not Maintainable Due to Absence of Tribunal's Permission Under Section 170(b) of Motor Vehicles Act. Appeal Against Quantum of Compensation Fails as Insurer Did Not Obtain Leave to Contest Merits Beyond Statutory Defences.

The High Court of Judicature at Bombay, Bench at Aurangabad, dealt with an appeal filed by M/s Shriram General Insurance Company Limited against an aw...

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Supreme Court Partially Strikes Down FCRA Amendment Act 2020 — Ban on Transfer of Foreign Funds and Mandatory Aadhaar Held Unconstitutional. The court upheld the requirement of a single FCRA account at SBI New Delhi as a reasonable regulatory measure to prevent misuse of foreign funds.

The judgment deals with a batch of writ petitions challenging the constitutional validity of certain amendments made to the Foreign Contribution (Regu...