Search Results for "Interest on compensation"

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Supreme Court

Interest on Compensation – Employee’s Compensation Act, 1923 – Statutory Mandate of 12% Interest on Delay – Insurer’s Liability for Payment – Supreme Court Clarifies Position

17 Feb 2025

Employee’s Compensation Act, 1923 – Section 4A(3) – Interest at 12% per annum held to be mandatory on delay in payment of compensation – Insur...

High Court

High Court Upholds Tribunal's Award: Enhanced Compensation for Auto-Rickshaw Accident Victims. Aurangabad Bench holds insurance company liable, rejects appeal seeking reduction in compensation.

1 Oct 2024

The Bombay High Court, Aurangabad Bench, dismissed the appeal of the insurance company challenging the Motor Accident Claims Tribunal's (MACT) award. ...

Supreme Court

Supreme Court Allows Labourer's Appeal in Workmen's Compensation Case and Restores Interest Award. High Court Erred in Deleting Interest After Dismissing Insurer's Time-Barred Appeal, as Interest Under Section 4A of Workmen's Compensation Act, 1923 is Payable from Date of Accident, Not Adjudication.

24 Jan 2022

The appeal arose from a judgment of the High Court of Orissa dated 11 April 2018 in FAO No 358 of 2018. The first appellant, a labourer engaged for lo...

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