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Supreme Court Allows Insurance Claim in Fire Damage Case — Surveyor Reports Cannot Be Ignored Without Valid Reasons. Appointment of Multiple Surveyors Without Justification Leads to Adoption of First Surveyor's Report Under Section 64UM of Insurance Act, 1938.

The case involves a dispute between M/s New India Assurance Co. Ltd. (Insurance Company) and M/s Luxra Enterprises Pvt. Ltd. (Complainant), an industr...

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Supreme Court Dismisses Appeal of NBFC in Income Tax Dispute on Set-off of Speculation Loss. Principal Business Determined by Actual Activities, Not Registration; Amendment to Explanation to Section 73 Held Prospective.

The appeal arose from a judgment of the Calcutta High Court in an appeal under Section 260A of the Income Tax Act, 1961, concerning the assessment yea...

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Supreme Court Clarifies Prospective Overruling in Bonus Marks Case for Teacher Appointments in Rajasthan. The Court held that only writ petitioners who moved the High Court before November 18, 1999, are entitled to relief, and appointments made before that date are saved.

The Supreme Court of India heard two civil appeals arising from conflicting decisions of the Rajasthan High Court regarding the interpretation of the ...

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Supreme Court Dismisses Bank's Appeal Against Reinstatement of Messenger Convicted Under Section 324 IPC. Simple Hurt Offence Does Not Involve Moral Turpitude Under Section 10(1)(b)(i) of Banking Regulation Act, 1949.

The respondent, P. Soupramaniane, was employed as a Messenger in the State Bank of India at Puducherry. On 17.06.1983, he voluntarily stabbed two indi...