The Oriental Insurance Co. Ltd. v. Mayanti Deka and Anr.
Case brief
What is this about?
The Gauhati High Court allowed the appeal filed by the Oriental Insurance Company against a Motor Accident Claims Tribunal award. The court found it justified to replace the tribunal's multiplier of 18 with 17 and deduct 50% for the unmarried deceased, applying the 2nd Schedule formula. The court reduced the total compensation and granted 9% interest with a directed fixed deposit.
What did the court decide?
The award amount revised to Rs. 3,44,500/- with 9% interest. Appellant directed to pay amount and fix a deposit of Rs. 1,50,000/- within two months. Statutory deposit released.