The Jammu and Kashmir and Ladakh High Court has held that Provident Fund, Insurance, Fixed Deposits, bank Balance etc. has no correlation with the amount receivable as compensation under Motor Vehicles Act. In this case, the Motor Accident Claims Tribunal, Kupwara had directed the Insurance Company to pay Rs 32,43,212 with 7.5% to the deceased
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.
