Minor Anurag Sarkhel & Anr. v. Oriental Ins Co. Ltd. & Ors.
Case brief
What is this about?
This is an appeal against an award by the Motor Accident Claims Tribunal. The High Court modified the compensation from Rs. 4,12,500 to Rs. 10,29,000 by reassessing monthly income to Rs. 5000/- and adding future prospect. The court directed the insurance company to deposit the balance amount with interest.
What did the court decide?
The award was modified from Rs. 4,12,500 to Rs. 6,16,500 balance payable by the insurance company with 6% per annum interest from the date of claim filing.