Mumbai: National Lok Adalat Awards ₹4.50 Crore Compensation To Family Of IT Executive Pankaj Ramesh Shedge, Who Lost His Life In 2022 Road Accident

Mumbai: National Lok Adalat Awards ₹4.50 Crore Compensation To Family Of IT Executive Pankaj Ramesh Shedge, Who Lost His Life In 2022 Road Accident

Shedge, a senior employee at an IT firm based in Irvine, California, earned an annual salary of USD 110,000. Tragically, on December 9, 2022, he was struck by a truck while riding his scooter on Panvel-Mumbra Road. Shedge's family had sought compensation of Rs 30 crore from the insurance company.

FPJ News ServiceUpdated: Sunday, September 29, 2024, 09:43 AM IST
article-image
Representational Image |

Mumbai: The National Lok Adalat held in Thane district, Maharashtra, on Saturday awarded Rs 4.50 crore to the relatives of Pankaj Ramesh Shedge, who lost his life in a road accident in 2022.

About The Accident

Shedge, a senior employee at an IT firm based in Irvine, California, earned an annual salary of USD 110,000. Tragically, on December 9, 2022, he was struck by a truck while riding his scooter on Panvel-Mumbra Road. Shedge's family had sought compensation of Rs 30 crore from the insurance company.

Advocate G. A. Vinod, representing the claimants, highlighted the profound emotional and financial impact of losing their primary breadwinner. Ultimately, the insurance company agreed to settle the claim for Rs 4.50 crore.

RECENT STORIES

Maharashtra Assembly Elections 2024: Congress Alleges Discrepancies In EVM Numbers In Mira Bhayandar

Maharashtra Assembly Elections 2024: Congress Alleges Discrepancies In EVM Numbers In Mira Bhayandar

Maharashtra Election Results 2024: Sena UBT's Sharad Koli Holds 'Hit With Footwear' Protest Against...

Maharashtra Election Results 2024: Sena UBT's Sharad Koli Holds 'Hit With Footwear' Protest Against...

Maharashtra Elections Results 2024: Poster Showing NCP Chief Ajit Pawar As 'Future CM' Surfaces In...

Maharashtra Elections Results 2024: Poster Showing NCP Chief Ajit Pawar As 'Future CM' Surfaces In...

Real Estate Big Bulls Have Requested Deregistration Of 19 Projects In Maharashtra

Real Estate Big Bulls Have Requested Deregistration Of 19 Projects In Maharashtra

Metropolitan Cities Witness Rapid Growth In Luxury Housing

Metropolitan Cities Witness Rapid Growth In Luxury Housing