Thursday, January 15, 2009

INSURER LIABLE TO PAY INTEREST IN WORKER'S INJURY CASE

An insurance company would be liable to pay interest on the amount insured if there was no contract to the contrary in the context of the Workmen's Compensation Act. The Supreme Court thus set aside the ruling of the Madhya Pradesh High Court in the case of Kamla Chaturvedi vs. National Insurance Company.

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