Sri K N Rangaswamy v. Sri P M Chandra Shekar
Case brief
What is this about?
The High Court modified the compensation awarded by the Motor Accident Claims Tribunal in an Employees Compensation Act case. It reduced the future loss of earnings from the Tribunal's assessment to Rs.2,30,568 by adjusting the disability percentage to 25% and recalculating based on the statutory average wage under Section 4(1-B).
What did the court decide?
Compensation reduced to Rs.2,72,054 with interest at 12% per annum from 32 days post-accident till realization; Insurance Company to deposit amount within 90 days.