United India Insurance Co.Ltd.through Its Regional Manager v. Mr. Bhimrao Malhari Kamble and Ors.
Case brief
What is this about?
Insurance company appealed against a Motor Accident Claims Tribunal award, contending that as the deceased was a bachelor, one-half and not one-third should have been deducted for personal expenses. The court recalculated compensation downward by Rs.5,62,000 and allowed withdrawal of that excess.
What did the court decide?
Appellant allowed to withdraw excess Rs.5,62,000 plus accrued interest from deposit; claimants may withdraw balance; statutory amount transmitted to Tribunal.