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

PM Modi Inaugurates Mumbai Cruise Terminal, Deendayal Port Facilities And Multiple Green Energy...

PM Modi Inaugurates Mumbai Cruise Terminal, Deendayal Port Facilities And Multiple Green Energy...

Mumbai-Ahmedabad Bullet Train Project: Major Milestone Achieved With Completion Of 5-Km Tunnel...

Mumbai-Ahmedabad Bullet Train Project: Major Milestone Achieved With Completion Of 5-Km Tunnel...

Mumbai: Central Railway Announces Special Traffic & Power Block Between Kharbao & Juichandra On 22...

Mumbai: Central Railway Announces Special Traffic & Power Block Between Kharbao & Juichandra On 22...

Mumbai: 666.65 Carats Of Diamond Jewellery Worth ₹3 Crore Stolen From Gujarat Merchant; Case Filed

Mumbai: 666.65 Carats Of Diamond Jewellery Worth ₹3 Crore Stolen From Gujarat Merchant; Case Filed

Mumbai-Ahmedabad Highway Tragedy: 16-Month-Old Toddler Dies After Ambulance Carrying Him To Hospital...

Mumbai-Ahmedabad Highway Tragedy: 16-Month-Old Toddler Dies After Ambulance Carrying Him To Hospital...