1. Home
  2. Counsel settles claims of 30% AI crash affected

Counsel settles claims of 30% AI crash affected

March 19, 2011

air_crash

Mangalore, March 19: Ten months after the horrific Air India Express IX-812 crash which resulted in the death of 158 passengers, the legal counsel for Air India - Mulla & Mulla - Mumbai, has settled claims of 30% of the families affected by the accident.



Kapil Aseri, chief finance officer, Air India, said that till date a total of 52 cases have been settled for an overall amount of Rs 36.78 crore, including that of three of the eight survivors.



Advocate and solicitor Hoshang D Nanavati from Mulla & Mulla, told media persons that even though 52 cases have been settled, they have had discussions with many more families. "We were making good progress. Unfortunately, a writ petition filed in Kerala High Court claiming Rs 1 lakh Special Drawing Rights (SDR) was the minimum slowed the process. The case will come up for hearing on March 23," he said.



The Carriage by Air Act, 1972 serves as the legal regime governing passenger compensation in the event of air accidents in international carriage. Both damage on account of death and bodily injury are covered under the scope of the Convention.



Under this Act, which has been amended as per The Montreal Convention, a kin of each victim is entitled for up to Rs 1 lakh SDR which, as per the present exchange rates, is worth about USD 1.6 lakh.



Nanavati said the amount arrived at during the final settlement after counselling, was paid minus the interim amount already paid to victims' families. Air India paid interim compensation of Rs 10 lakh to the kin of victims who were above 12 years and Rs 5 lakh for those below 12. Also, Rs 2 lakh was paid to the injured. The interim relief amounting to Rs 14.06 crore was paid within three weeks of the crash.



"We were able settle cases where that issue (Rs 1 lakh SDR) did not arise," said the legal counsel pointing out that from the settlement done so far, cases have been settled for more than Rs 1 lakh SDR (roughly Rs 71 lakh).



"We are waiting for the judgment in the case. Till it comes through, the parties are not willing to settle. Every time we held the meeting, the affected would say they would rather wait for the judgment and then decide," said Nanavati.



Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 31,2020

Mangaluru, May 31: Eminent social worker, former Principal of School of Social Work Dr Olinda Pereira, passed away on Sunday.

She was 95.

Mahatma Gandhi Peace awardee Pereira promoted Women’s Education and Development in several States. She has left an indelible mark in the state of Karnataka, India and overseas.

Dr Olinda Pereira publications include: Understanding Children – 1,2,3, Sallak Publications – 1974; Adjustment and its Correlates among Pre-adolescents – Preeti Publications – 1977; Domestic Workers Struggle For Life-A.T.C Publications – 1985.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
August 1,2020

Udupi, Aug 1: A girl child died five persons suffered injuries in a car accident today on National Highway-66 near Ambalpady in Udupi.

According to sources, two couples and children were travelling in the car from Mangaluru to Shikaripura when the tragedy took place. 

The speeding car rammed into the road divider and flipped over after the driver lost control over it near Ambalpady. 

Among the injured, the condition of a woman is said to be critical. She has been admitted to KMC Hospital in Manipal. The other passengers escaped with minor injuries.

A case has been registered at Udupi town traffic police station and investigations are on. More details are awaited.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 25,2020

New Delhi, Jul 25: Nearly a year after Cafe Coffee Day founder V.G. Siddhartha's death, the probe committee appointed by the Board of Coffee Day Enterprises Ltd (CDEL) has given a virtual clean chit to private equity investors and the Income Tax Department who were named in his last letter.
The investigation report noted that Siddhartha may have felt "aversive behavioural stimulus" due to persistent reminders from the PE investors and other lenders.

"However, such reminders and follow-ups by the PE investors and lenders are not something which are beyond normal industry practices and we believe that PE investors were acting as per accepted legal and business norms," said that report.

It further said that the investigators were not provided with any documentary evidence to show any "advertent or inadvertent harassment" from the Income Tax Department.

It however, said that the financial records suggest a serious liquidity crunch which may have arisen due to the attachment of Mindtree shares by the IT Department.

Further, the probe revealed that MACEL, a private firm of Siddhartha, owes Rs 2,693 crore to Coffee Day Enterprises, which the report says, "needs to be addressed".

The Cafe Coffee Day founder's body was fished out of the Netravathi river in Karnataka by a group of fishermen on July 31 last year, a day after he went missing.

His last note raised several questions about the role of investors, and tax officials.

He had written: "Tremendous pressure from other lenders lead to me succumbing to the situation. There was a lot of harassment from the previous DG Income Tax in the form of attaching our shares on two separate occasions to block our Mindtree deal and then taking possession of our Coffee Day shares, although the revised returns have been filed by us. This was very unfair and has led to a serious liquidity crunch."

The massive shock to the industry and the country also led the government to assure that tax officials would not harass businessmen and the situation would improve.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.