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2026 LLR WEB 1053 (KARNATAKA HIGH COURT)
Statutory interest on compensation under the Employee's Compensation Act is payable at the statutory rate of 12% per annum.
WORKMEN'S COMPENSATION - Wage ceiling - Statutory interest - Employee's Compensation Act, 1923, Sections 4A(3)(a) and 30(1) - Appellant is the insurer of the employer and the respondents are the dependents of a deceased workman who was awarded compensation by the Commissioner for Workmen's Compensation, giving rise to this appeal - Held, wages for computing compensation are to be capped at the ceiling prescribed under the applicable Government Notification and not at a higher figure taken by the Commissioner... subscribe to read more..
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