Partly allowed¶53
The Divisional Controller v. Sri. Suresh. M
Karnataka HCMFA/5675/2022
Case brief
AI extract
What is this about?
KSRTC MFA under S.173(1) MV Act against MVC No.694/2019 award (Rs.17,52,000 @ 9% interest), I Addl. Senior Civil Judge/Addl. MACT-V Davanagere; interest alone challenged; reduced 9% to 6% p.a. from date of filing till realization; deposit remitted to Tribunal, excess refunded; appeal allowed-in-part; bench D K Singh & Rajesh Rai K, JJ.; decided 17-10-2025; Karnataka High Court.
What did the court decide?
Appeal allowed in part: rate of interest reduced from 9% to 6% per annum from the date of filing of the claim petition till the date of its realization, with the Tribunal's award otherwise upheld; amount deposited before the High Court to be remitted to the Tribunal and disbursed, any excess refunded to the appellants. ¶53