Dear friends,
Supreme Court has held that in case of claim under WC Act (now Employees Compensation Act 1923), interest is payable from the date of accident and not from the date of award. Copy of court's judgement dated 2.1.2014 in this regard is attached for your information.
Thanks
From India, Malappuram
Supreme Court has held that in case of claim under WC Act (now Employees Compensation Act 1923), interest is payable from the date of accident and not from the date of award. Copy of court's judgement dated 2.1.2014 in this regard is attached for your information.
Thanks
From India, Malappuram
Good and proper decision by the court
otherwise, 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
otherwise, 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
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
From India, Kakinada
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
From India, Pune
Sir,
Thanks for the update. its indeed a very usefull information. Supreme court has taken a very appropriate decision which helps the workers who may get injured or meet accidents while working for their employer.
From India, Bangalore
Thanks for the update. its indeed a very usefull information. Supreme court has taken a very appropriate decision which helps the workers who may get injured or meet accidents while working for their employer.
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.