The Supreme Court of India has ruled that an insurance company cannot be held liable to pay the penalty component imposed under Section 4A(3)(b) of the Employees’ Compensation Act, 1923 (EC Act). A Bench comprising Justice Aravind Kumar and Justice Prasanna B. Varale held that while the insurer is bound to indemnify the compensation and
Insurance Company Not Liable to Pay Penalty for Employer’s Default under Employees’ Compensation Act: Supreme Court
