Shri Ram General Insurance Co. Ltd. v. Rajesh Kumar
Case brief
What is this about?
In merged appeals by insurer and injured victim over the same compensation award, the Court disallowed the insurer's claim of contributory negligence while holding the compensation quantum fair except for interest, which was reduced from 12% to 9%.
What did the court decide?
Impugned award upheld; interest reduced to 9% per annum; compensation released promptly.