Sri.Parasuram v. Sri.Shirajsab
Case brief
What is this about?
The Karnataka High Court disposed of an appeal against a motor accident compensation award of Rs. 4,90,000/- for a minor's death. While the compensation was deemed appropriate, the Court partly allowed the appeal to enhance the interest rate to 9% per annum from the date of the award.
What did the court decide?
Interest on the awarded compensation to be granted at the rate of 9% per annum from the date of award till realization.