Case brief
What is this about?
Pay and recover direction omitted from operative portion — inadvertent error; insurer to deposit compensation with 6% interest within eight weeks; recovery from first respondent (motorcycle owner); 9% additional interest only after eight-week window; Section 173(1) MV Act appeal; MVC No.15/2020, Addl. MACT Channapatna; rider without licence; New India Assurance Co. Ltd; fatal road accident; statutory deposit transferred for disbursement; NC: 2025:KHC:28586-DB.
What did the court decide?
Appeal allowed-in-part: operative portion of the Tribunal's Judgment and Award dated 05.09.2024 in MVC No.15/2020 modified so that (i) the Insurer deposits the compensation with interest at 6% to the respondents-claimants within eight weeks of receipt of a certified copy; (ii) the Insurer is at liberty to recover the same from the first respondent (owner); (iii) failure to pay within eight weeks attracts interest at 9% per annum thereafter; and the registry is directed to transfer the statutory deposit in the appeal to the Tribunal for disbursement.