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Saturday, February 27, 2010

powerful quotes

Our duty is to encourage every one in his struggle to live up to his own highest idea, and strive at the same time to make the ideal as near as possible to the Truth. Swami Vivekananda

Take up one idea. Make that one idea your life - think of it, dream of it, live on idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.
Swami Vivekananda

We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.
Swami Vivekananda

Never think there is anything impossible for the soul. It is the greatest heresy to think so. If there is sin, this is the only sin; to say that you are weak, or others are weak.
Swami Vivekananda

Monday, February 22, 2010

New SC ruling on insurance services

Supreme Court of India CIVIL APPEAL NO.5611 of 1999

ECONOMIC TRANSPORT ORGANIZATION versus CHARAN S. MILLS (P) LTD

Judge(s): R. V. RAVE.,D.K. JAIN,P. SATHASIVAM ,J.M.PANCHAL

Date of Judgment: 17 February, 2010


The Supreme Court has held that an insurance company and the consignor (assured) can jointly sue a transporter or carrier for compensation towards deficiency of service.

A five-judge Constitution bench headed by Chief Justice K G Balakrishnan, Justices R V Raveendra, D K Jain, P Sathasivam and J M Panchal ruled the insurance company cannot be precluded from recovering the compensation from carrier as long as the complaint was jointly filed or under the power of attorney granted by the assured (consginor).