Loan EMIs Alone Can’t Justify High Income in Accident Claims: SC

National Insurance Co. Ltd. Vs Neeru Devi & Ors. (Supreme Court of India)

SC curbs inflated income assumptions in motor accident claims: Compensation scaled down to realistic level

The Supreme Court  partly allowed the insurer’s appeal and reduced the compensation awarded in a motor accident claim, holding that income cannot be assessed on conjectures and inflated assumptions. The Court noted that the Tribunal and High Court had accepted a monthly income of ₹95

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