Dear friends,
The Supreme Court has held that in the case of a claim under the WC Act (now the Employees Compensation Act, 1923), interest is payable from the date of the accident and not from the date of the award. A copy of the court's judgment dated 2.1.2014 regarding this matter is attached for your information.
Thanks
From India, Malappuram
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1454The Supreme Court has held that in the case of a claim under the WC Act (now the Employees Compensation Act, 1923), interest is payable from the date of the accident and not from the date of the award. A copy of the court's judgment dated 2.1.2014 regarding this matter is attached for your information.
Thanks
From India, Malappuram
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Good and proper decision by the court otherwise, the insurance company was being rewarded for delaying tactics. I think the order should have been revised to adjust the award upwards for inflation since the date of the accident.
From India, Mumbai
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From India, Mumbai
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Dear Agrawal ji, Very informative for all HR fraternity. Other wise we don’t know, following as per the insurance people whatever they say. Regards, PBS KUMAR
From India, Kakinada
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From India, Kakinada
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Dear Mr Agarwalji, Thank you very much for providing such useful data which is essential for us while working and also after retiring. Thank you so much.
From India, Pune
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From India, Pune
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Dear Sir,
Thank you for the update. It is indeed very useful information. The Supreme Court has made a very appropriate decision that helps workers who may be injured or experience accidents while working for their employer.
Best regards,
[Your Name]
From India, Bangalore
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Thank you for the update. It is indeed very useful information. The Supreme Court has made a very appropriate decision that helps workers who may be injured or experience accidents while working for their employer.
Best regards,
[Your Name]
From India, Bangalore
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