Search Results for "Liability Ascertainment"

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Search Results for "Liability Ascertainment"

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High Court

Bombay High Court Dismisses Winding-Up Petition for Unascertained Damages Claim — Lock-in Period License Fee Not a Debt Under Companies Act, 1956. Claim for balance license fee after premature vacation is a claim for damages requiring adjudication, not a debt due and payable under Sections 433 and 434 of the Companies Act, 1956.

28 Feb 2014

The petitioning-creditor, Indiabulls Properties Pvt. Ltd., filed a winding-up petition under Sections 433 and 434 of the Companies Act, 1956, against ...

High Court

Bombay High Court Admits Winding Up Petition Against Syrma Technology Pvt. Ltd. for Non-Payment of Admitted Debt Despite Insurance Payment. Court holds that receipt of insurance proceeds does not extinguish the debt or bar winding up proceedings under the Companies Act, 1956.

22 Dec 2014

The petitioner, Jiangsu Skyrun Wuxi Co. Ltd., filed a company petition under Section 433(e) of the Companies Act, 1956 seeking winding up of Syrma Tec...

High Court

High Court of Karnataka Dismisses Insurance Company's Appeal and Allows Claimant's Appeal in Motor Accident Case — Negligence of Driver of Uninsured Vehicle Proved, Insurer of Other Vehicle Not Liable. The court upheld the Tribunal's finding of negligence against the truck driver and enhanced compensation for the injured claimant under Section 173(1) of the Motor Vehicles Act, 1988.

23 Jun 2023

The case involves two appeals arising from a motor accident claim. The claimant, Vilas Kamble, a driver, sustained injuries when his car collided with...

High Court

High Court of Karnataka Partly Allows Appeal in Motor Accident Claim; Holds Insurer Liable to Pay and Recover for Violation of Policy Condition Regarding Hazardous Goods Endorsement. The Court Reassessed Compensation Applying the Principle of Pay and Recover and Enhanced Amounts Under Loss of Dependency and Conventional Heads.

16 Jun 2020

The appeal arose from a motor accident claim filed by the widow, parents, and minor daughter of the deceased B.S. Thippeswamy. On 2 July 2012, the dec...

High Court

Bombay High Court Dismisses Winding-Up Petition as Time-Barred Under Limitation Act — Acknowledgment Letters Do Not Extend Limitation Beyond Three Years. The court held that a winding-up petition under Sections 433 and 434 of the Companies Act, 1956 must be filed within three years from the last acknowledgment of debt; otherwise, it is barred by limitation.

2 Mar 2006

The petitioner, Uma Kumar, proprietor of Kandhan Electricals & Engineers, filed a winding-up petition under Sections 433 and 434 of the Companies Act,...

High Court

Bombay High Court Dismisses Appeal in Central Excise Interest Liability Case — No Substantial Question of Law Arises. Interest on differential duty under Section 11AB of Central Excise Act, 1944 is payable when price variation clause exists and duty is paid after price revision.

14 Jun 2013

The case involves an appeal by Gammon India Ltd. (formerly Associated Transrail Structures Ltd.) against an order of the Customs, Excise and Service T...

High Court

High Court of Bombay Adjudicates Challenge to Reopening of Assessment under Section 148 of Income Tax Act. Assessee Contends Full Disclosure and Argues Against Grounds of Under-assessment, While Revenue Defends Notice Based on Tangible Material and Absence of Previous Query.

10 Jan 2013

The case involved a writ petition filed by the Export Credit Guarantee Corporation of India Ltd. challenging a notice dated 24 March 2011 issued by th...

High Court

High Court of Karnataka Adjudicates Income Tax Appeals Filed by Assessee and Revenue Under Section 260-A of Income Tax Act, 1961. Multiple Appeals Clubbed for Hearing Involving Assessment Years 2001-2002 to 2004-2005.

25 Mar 2015

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High Court

Bombay High Court Allows Insurance Company's Appeal in Employee Compensation Case — Remands for Reassessment of Disablement. Commissioner's finding of total disablement set aside as loss of one eye and leg movement does not automatically constitute total disablement under Section 4(1)(b) of Employee's Compensation Act, 1923.

1 Mar 2017

The appellant, Royal Sundaram Alliance Insurance Company Limited, challenged the judgment and order dated 18 February 2012 passed by the Commissioner ...

High Court

High Court of Karnataka Dismisses Insurance Company's Appeal and Allows Claimant's Appeal in Motor Accident Case — Negligence of Bus Driver Established, Contributory Negligence Not Proven. Claimant Abdul awarded enhanced compensation of Rs. 1,50,000 with interest at 6% per annum from the date of petition till deposit.

27 May 2022

The case involves two appeals arising from a motor accident claim. The appellant in MFA No. 103807/2016 is the New India Assurance Company Limited, wh...

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