Average Income of Previous Years Not a Basis for Compensation: Last Earned Salary of Deceased Upheld in Accident Case by: Jharkhand High Court
In a recent judgment, the Jharkhand High Court reviewed a motor accident claim case where the Oriental Insurance Company Limited appealed the compensation awarded to the family of the deceased. The case highlighted issues related to the deceased’s income, dependency of family members, and the appropriate interest rate on the compensation amount. This ruling clarifies how compensation is determined in cases involving motor accidents and addresses important provisions under the…