M/S New India Assurance Co. Ltd. v. Jaibai Narayan Warake
Case brief
What is this about?
The High Court allowed this appeal partly. It modified the impugned judgment to deny the insurer liability for interest on the compensation amount calculated from the date of filing of the claim petition (1993). Interest is to run only from the date the insurer was impleaded (July 16, 2002). Compensation for loss of dependency was denied due to lack of evidence.
What did the court decide?
Joint and several liability for Rs. 75,000 with interest at 9% p.a. Granted to insurer only for period post impleadment (16.07.2002).