Compensation

Compensation meaning

Compensation is anything that is given to a person, most often in the form of monetary compensation, in recognition of the loss, suffering, or injury that the claimant has sustained. At the outset of the proceedings, the party making the claim will be requested to produce an estimate of the financial damage that the client has sustained and to explain how that loss was computed. They are required to offer an explanation as to why the specifics of the financial loss cannot be provided, and they are also required to specify when you will be in a position to supply the information. It is important to make it very apparent whether or not the customer is looking for non-financial forms of remedy.

Tort

A claim for damages in tort may be brought about whenever the claimant or the claimant's property suffers an injury, loss, or other kind of harm. The purpose of compensatory damages is, to the greatest extent feasible, to put the claimant back in the situation he would have been in if the loss had not been caused. As damages are of a compensatory character, the claimant is permitted to pursue compensation for any direct loss as well as any subsequent loss, provided that the criteria of remoteness are not violated. According to the laws on remoteness, in order for a loss to be recovered, it must have been a reasonably foreseeable result of the tort that caused it.

Criminal Law

When it comes time to impose punishment at the end of the criminal procedures, the criminal courts have the authority to compel compensation for any personal harm, loss, or damage that was caused by a criminal offence.

Law Books

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