https://www.taxtmi.com/caselaws?id=462509 The HC held that Claims Tribunals must protect compensation awards from misuse by vulnerable claimants. The Court rejected allowing illiterate, poor claimants to withdraw lump sum compensation without safeguards, emphasizing the Tribunal's duty to ensure awards serve their socio-economic purpose. The HC directed investment of the entire compensation amount in long-term fixed deposits with monthly interest payments to claimants, prohibiting loans against deposits without Tribunal approval. The Court established comprehensive guidelines for Claims Tribunals under the Motor Vehicles Act, 1939, categorizing claimants by vulnerability and mandating appropriate investment protocols to prevent squandering of compensation funds. en-us Wed, 21 Apr 1982 00:00:00 +0530 Fri, 27 Jun 2025 17:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462509 The HC held that Claims Tribunals must protect compensation awards from misuse by vulnerable claimants. The Court rejected allowing illiterate, poor claimants to withdraw lump sum compensation without safeguards, emphasizing the Tribunal's duty to ensure awards serve their socio-economic purpose. The HC directed investment of the entire compensation amount in long-term fixed deposits with monthly interest payments to claimants, prohibiting loans against deposits without Tribunal approval. The Court established comprehensive guidelines for Claims Tribunals under the Motor Vehicles Act, 1939, categorizing claimants by vulnerability and mandating appropriate investment protocols to prevent squandering of compensation funds. Case-Laws Indian Laws Wed, 21 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462509