The New India Assurance Company Limited through Mumbai Legal Hub v. Smt. Shambhavi Shaunak Kanhav and Anr.
Case brief
What is this about?
This first appeal by an insurance company challenged compensation awarded at a higher rate under non-pecuniary heads. The Bench held that since the claimant intended to approach the High Court for future prospects which would exceed the current award, the appeal stands dismissed.
What did the court decide?
The appeal is dismissed. The claimant is permitted to withdraw deposited amount with interest. The statutory amount is transmitted to the Tribunal.