The Oriental Insurance Co. Ltd. v. Smt Munni Devi & Ors.
Case brief
What is this about?
Insurance appeals challenging awards where compensation was determined under Section 166 despite a claim under Section 163A. Court remanded to the MACT to compute compensation under Section 163A with appropriate inflation adjustment per coordinate bench precedent; balance deposit refunded to insurer.
What did the court decide?
Appeals disposed of; matters remanded to MACT for recomputation under Section 163A with inflation adjustment; balance amount with accrued interest and statutory deposits refunded to Insurance Company.