Shri Ram General Insurance Co.ltd. v. Khem Bai And Ors.
Case brief
What is this about?
The High Court allowed an appeal filed by an insurer against an accident compensation award. The Court enhanced the compensation amount by applying a 40% future prospects charge for poor dependents and correcting the deduction for personal expenses from 1/10 to 1/4 based on Supreme Court precedents.
What did the court decide?
The additional compensation of Rs. 72,000/- along with interest is directed to be deposited by the appellant within two months.