Judgements and Orders, Supreme Court and High courts of India



The Supreme Court has held that in a case of negligence committed by Doctor, the Insurance Company which covered the Doctor would have to reimburse the compensation to the complainant to the extent of its liability under the Insurance Policy as, agai

Posted in Income Tax |   531 Views



The insertion of time of commencement of the policy on a particular date is perfectly in accordance with law and it does not contravene any provisions either of the Motor Vehicles Act or the Insurance Act.,1938.

Posted in Corporate Law  1 comments |   157 Views



In the case on hand, there was no insurance coverage on the date of the accident and so, the respondent No. 1 insurance company is not liable. The Tribunal has correctly found and directed respondent No. 2, owner of the lorry to pay the compensation

Posted in Corporate Law |   297 Views



The claim must be allowed to be resisted, on the ground of fraud now alleged by the Insurance Company. If we fail to afford to the Insurance Company an opportunity to substantiate their contentions it might certainly lead to serious miscarriage of ju

Posted in Corporate Law |   230 Views



When the addition is on estimated basis, penalty u/s. 271(1)(c) of the Act cannot be levied on such ad hoc estimated income. The disallowance of purchases on ad-hoc basis does not tantamount to furnishing inaccurate particulars of income under the pr

Posted in Income Tax |   573 Views



THE ITAT held that additions cannot be made only on the basis of declaration made under section 132(4) of the Income Tax Act, 1961 without any corroborating evidence to prove the addition.

Posted in Income Tax |   862 Views



NCLT MUMBAI BENCH held that new claims cannot be admitted once Resolution Plan approved by Committee of Creditors and is pending before Adjudicating Authority for approval.

Posted in Corporate Law |   541 Views



If Life Insurance Policy dated back , the next premium will fall due on such date to which the policy dated back. The date on which risk under the policy commenced is different from the date of policy.

Posted in Corporate Law |   129 Views



The death caused by extreme cold wave is accidental one and the insurance companies cannot deny claim to the family of the deceased on the ground that the demise was natural. "Cold wave is an untoward event which is not expected ordesigned, and an or

Posted in Corporate Law |   211 Views



The Hon'ble Kerela High Court in the case of Prodair Air products India Pvt. Ltd. v. State of Kerala [W.A. No. 374 of 2021 dated April 3, 2023] held that payment of fixed cost under a contract would not mean that the contract is of transfer of proper

Posted in GST |   208 Views