Oriental Insurance Company to pay Rs.1.5 crore to road accident victims

Oriental Insurance Company has been directed by a Motor Accident Claims Tribunal (MACT) to pay a compensation of about Rs.2 crore to the families of two victims who died in a road accident earlier this year. MACT judge Sanjiv Jain ordered the Oriental Insurance Company, with which the offending vehicle was insured, to pay nearly Rs.1.5 crore to the family of deceased Sultaan Singh. The family of Raghu Raja Verma, the other person killed, was awarded over Rs.35 lakh in compensation . Read more