The Manager v. Pavan K R
Case brief
What is this about?
In appeal against a Motor Accident Claims Tribunal judgment, the High Court held that negligence findings stand but reduced the interest rate on compensation from 7.5% to 6% p.a. based on precedent.
What did the court decide?
Compensation of Rs.6,06,571/- awarded with interest at 6% p.a. instead of 7.5% p.a. from date of petition till realization.
What the court decided
- 1 - NC: 2024:KHC:33181 MFA No. 8440 of 2018
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 19TH DAY OF AUGUST, 2024 BEFORE
THE HON'BLE MR JUSTICE RAVI V HOSMANI MISCELLANEOUS FIRST APPEAL NO. 8440 /2018 (MV-I)
BETWEEN:
THE MANAGER,
IFFCO-TOKIO GIC LTD., CUSTOMER SERVICE CENTER, SRI SHANTHI TOWERS, 5TH FLOOR, 3RD MAIN, NGEF LAYOUT, KASTHURINAGAR, BENGALURU-43.
…APPELLANT
(BY SRI PRADEEP B., ADVOCATE)
AND:
- PAVAN K.R., AGED ABOUT 19 YEARS, S/O KRISHNAPPA, R/AT RAJAKALLAHALLI VILLAGE & POST, KOLAR TALUK AND DISTRICT-560 720.
Issues for consideration
3 issues framed by the court
Whether tribunal's finding on negligence calls for interference?
Whether compensation award on quantum and rate of interest requires interference?
Whether interest rate of 7.5% p.a. is legal or contrary to precedent?
Parties & counsel
- appellant
IFFCO-TOKIO GIC Ltd.
- respondent
Pavan K.R.
- respondent
Sri Manjunath B.K.
Coram
Case details
As recorded by the court registry
- Court
- Karnataka HC
- Decided on
- · August
- Registered
- Case no.
- MFA/8440/2018
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