In a significant legal development, a session court in Indore has ruled that an insurance company must pay a substantial compensation of Rs 6.14 crores, inclusive of interest, to the family of a man who tragically lost his life in a road accident.
The victim, Kausar Ali, a resident of Indore, met with the fatal accident on April 4, 2019, at the Sihora bypass in Jabalpur district. The accident resulted in the immediate demise of Kausar Ali. Subsequently, an advocate representing the victim’s family filed a compensation claim in the Indore District Court.
Rajesh Khandelwal, the advocate representing the victim’s family, explained, “The court has mandated that the insurance company must disburse a compensation amount of Rs 4,85,39,000 crore to the family of the deceased, along with an interest rate of six percent on the amount from the date of the claim’s submission. Consequently, the family is entitled to receive a total sum of Rs 6.14 crores, inclusive of interest.”
Elaborating on the circumstances of the accident, Khandelwal disclosed that Kausar Ali was traveling with his family in a car when a collision with a truck occurred. Tragically, Kausar Ali lost his life on the spot during the incident in 2019. Later that year, a compensation claim was filed in court.
“The court has directed the insurance company responsible for the truck to disburse the compensation, along with interest, to the family and the deceased’s wife, Nasreen Bano, within a span of two months. If the insurance company fails to make the payment within the stipulated two-month period, they will be obligated to pay the compensation amount with an annual interest rate of nine percent to the family,” Khandelwal added.
Khandelwal further emphasized that this case appears to be a historic one in the context of Madhya Pradesh, given the substantial compensation amount involved.
