Reliance Gen Insurance Co. Ltd. v. Lokesh and Others
Case brief
What is this about?
Fatal motor accident compensation was challenged on vehicle involvement and income assessment. The court upheld the negligence finding but recalculated compensation using the minimum income of an unskilled worker, with future prospects. It partly allowed the insurer's appeal, reduced compensation and directed return of the excess deposit.
What did the court decide?
Compensation reduced; interest retained at 6% annually from claim filing until recovery. Excess deposit ordered returned to the insurer.