Motor Accidents, Insurance Companies Liable To Pay Amount Awarded Under 'Future Prospects' Along With Interest: Karnataka High Court

In a significant ruling, the Karnataka High Court has upheld that insurance companies are liable to pay interest on the compensation awarded for the loss of future prospects in motor vehicle accident cases. This ruling came from the case involving Reliance General Insurance Company Limited and the claimants, Mrs. Anjali Sharma and her children Rahul Sharma and Priya Sharma. Background of the Case The case stems from a tragic accident…