Nursama Bibi & Ors. v. Oriental Insurance Company Ltd. & Ors.
Case brief
What is this about?
A revision application for condonation of delay under M.A.C. Case No. 45 of 2010 and an appeal regarding quantum of compensation and interest were disposed of. The appeal was allowed in principle with the interest rate on the awarded compensation reduced from 8% to 6% per annum, with the respondent ordered to pay the balance interest after depositing the principal claimed.
What did the court decide?
Appeal allowed in principle; modification to interest rate made; respondent directed to pay interest on awarded amount.