Milind Shrikrishna Vaidya v. Suhas Ramchandra Vaidya and Anr.
Case brief
What is this about?
In a First Appeal against a Motor Accident Claims Tribunal order, the Bombay High Court held that interest on compensation is payable from the date of filing the claim petition. The court also set aside the Tribunal's finding of 50% contributory negligence against the pillion rider, directing the insurance company to deposit the enhanced amount.
What did the court decide?
The appeal is allowed. The insurance company must deposit Rs. 1,66,500 with 7.5% per annum interest from the date of filing the claim petition.