by AIP Online Bureau | Oct 26, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy
The top court was hearing an appeal filed by kin of a man who died in a road accident in 2015.When it came to determining the age, the top court accepted the contention of the claimant-appellants before it and upheld the judgment of the Motor Accident Claims Tribunal...
by AIP Online Bureau | Sep 4, 2023 | Data, Facts, Health, Technology
“We are receiving more and more patients of trauma and spinal cord injuries now due to the increasing number of road accidents.This may be due to the low level of safety standards in vehicle manufacturing, absence or inadequacy of appropriate safety measures in...
by AIP Online Bureau | Jun 3, 2023 | Data, Non-Life
The tribunal ordered the travel agency as well as the insurance company – the New India Assurance Co Ltd – to pay a compensation of Rs 33,30,000 and also awarded Rs 13,32,000 towards future prospects (total Rs 46,62,000). Besides, it directed them to pay a...
by AIP Online Bureau | May 3, 2023 | Indian News, Non-Life
MACT member M M Walimohammed, in the order passed on April 25, directed Gulnar Plastics Pvt Ltd at Silvassa, the owner of the offending vehicle, and its insurer Tata AIG General Insurance Company Ltd, to jointly and severally make the payment of Rs 1,19,64,400 to the...
by AIP Online Bureau | Jan 16, 2023 | Data, Non-Life
The MACT awarded a compensation of Rs 12.96 lakh to the deceased’s mother, including Rs 8.64 lakh towards the loss of income, Rs 3.45 lakh for future prospects, Rs 16,500 towards loss of estate, Rs 44,000 for loss of filial consortium, Rs 16,500 for funeral...