Knowledge & Research

Suppose you get a cheque from somebody who owes you money and the cheque bounces. What happens? Under Section 138 of the Negotiable Instruments Act, the person giving you such…

The family of a 29-year-old man, who died after a rashly- driven truck hit the car he was driving, has been awarded Rs 16.68 lakh as compensation by a motor…

Enhancing the compensation amount claimed by a widow, the Motor Accident Claims Tribunal (MACT) here has held that claim can be entertained even if the proof for age or income…

A 31-year-old man, who suffered "100 per cent loss of functional ability" after he was hit a rashly-driven car, has been awarded Rs 11.30 lakh as compensation by a motor…

As medical expenditures are sky rocketing with every passing year, medical insurance is fast becoming a must for every household. As the need for healthcare insurance is becoming evident, almost…

An insurance company cannot be held liable to compensate a road mishap victim or his family if the accident takes place because of his negligence, the Delhi High Court has…

The parents of a 19-year-old youth, killed in a road mishap involving a rashly-driven motor cycle, have been awarded a compensation of over Rs 7.46 lakh by a Motor Accident…

After life insurers, it’s general insurers who are knocking at the finance minister’s door, calling him to save the industry from a worsening situation. Finance minister P Chidambaram will meeting…

Insurance Ombudsman in Chandigarh has asked private insurer HDFC Standard Life Insurance to pay Rs five lakh with interest to an NRI complainant after holding the company responsible for mis-selling…

The company has also been directed to pay up for the cost of litigation, amounting Rs 1000. Late Bajrang Lal Sharma bought a insurance from ‘Child Welfare Fund Scheme’ which…