The Branch Manager National Ins. Co. Ltd., v. Lakshman and Anr.
Case brief
What is this about?
Karnataka High Court appeal by Insurance Company against Tribunal judgment and award; road traffic accident; pedestrian claimant; cruiser vehicle; rash and negligent driving; grievous injuries; hospitalization; plea of false implication of vehicle rejected; occurrence not in dispute; police records relied upon; interest on compensation held excessive and reduced to prevailing rate; appeal allowed in part; amount in deposit to be transmitted to Tribunal; compensation quantum, rates, dates and case number illegible in source.
What did the court decide?
Appeal allowed in part: the interest payable on the compensation was reduced to the prevailing rate of interest (payable from the date of petition till the date of realization), the compensation as awarded otherwise standing; the amount in deposit, if any, to be transmitted to the Tribunal forthwith.