Madan Singh & Ors. v. Ram Karan Yadav & Ors. (Oriental Insurance Co. Ltd)
Case brief
What is this about?
This judgment enhanced compensation from Rs.5.35 lakh to Rs.7.24 lakh by recalculating dependency based on skilled worker wages instead of unskilled wages, while setting aside penal interest. The Court directed deposit of enhanced amount with UCO Bank and recalled prior disbursement orders. Disposition was partly allowed.
What did the court decide?
Enhanced compensation to Rs.7,24,403/-; set aside penal interest; simple interest at 9% awarded; insurance company to deposit enhanced amount in fixed deposit with Bank.