Bombay high court: Can’t deduct interest on housing loan from accident victim’s income when calculating payout for kin under Motor Vehicles Act | Mumbai News

Bombay high court has held that while awarding compensation in accident cases under the Motor Vehicles Act, interest paid on a housing loan should not subtracted from the victim’s income to determine payout amount to kin Mumbai: Bombay high court recently held that while awarding compensation in accident cases under the Motor Vehicles (MV) Act,…

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No more wet lease ops? BEST eyes Rs 6,500cr funds to revive own fleet with 5,000 buses in Mumbai; 10,000 over 3 years | Mumbai News

Mumbai: BEST is preparing for a major shift in its bus operations, with plans to gradually move away from dependence on wet-lease buses and build a fleet of 5,000 self-owned vehicles, including a large electric bus component.Speaking to media after a panel meeting on Tuesday, BEST general manager Sonia Sethi said the undertaking currently has…

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