The Managing Director v. Mahendran
Case brief
What is this about?
The High Court dismissed the insurance company's appeal alleging lack of joint liability and incorrect quantum. The court reduced the compensation from Rs. 6,07,564 to Rs. 5,16,164 by correcting the multiplier for loss of earning capacity and setting aside awards for future medical expenses and partial loss of income, while maintaining other heads. The appellant is directed to deposit the reduced
What did the court decide?
Compensation reduced to Rs. 5,16,164 with interest at 7.5% p.a.; heads for future medical expenses and partial loss of income set aside.