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| Court awarded over Rs 1.16 Crores as accidents claims | | | Early Times Report
Jammu, Jan 25 (JNF): Responding to the petition regarding accident claim in which 14 persons died and five were injured, Principal Sessions Judge Poonch Jaffer Hussain Beigh has directed Oriental Insurance Company to pay Rs One crore sixteen lakh fifty one thousand and fifty along with @ 7.5 % per annum in each case from the date of institution of the petitions till realization.
Court also stated that the amount of compensation under 'no fault' liability if granted and paid shall be adjustable. "The payment of court fee shall be first charge on the awarded amount, it said while adding, "compensation shall be apportioned by the petitioners in equal shares in their respective claim petitions."
Court also directed that share of the minor shall be kept in fixed deposit with their recognized bank till they attained the age of majority. "The respondent Insurance Company is directed to make payment of the awarded amount within a period of 30 days from the date of Award through this Tribunal, court underlined. |
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