M/S Oriental Insurance Company Limited v. Mr Chandashekar T M
Case brief
What is this about?
The Karnataka High Court dismissed an appeal filed by an insurance company against a compensation award of Rs. 25,000. The court held the driver possessed a valid license and found no basis to reduce the awarded interest rate from 8% to 6% per annum.
What did the court decide?
The appeal is dismissed; the amount in deposit, if any, is ordered to be transmitted to the Tribunal.