The United India Insurance v. Gomathi
Case brief
What is this about?
The Madras High Court allowed the Insurance Company's appeal partly against an MACT award of Rs.10,78,000. The High Court modified the pecuniary loss and affirmed liability to deposit interest.
What did the court decide?
Directed appellant to deposit compensation of Rs.10,78,000 with interest at 7.5% per annum from the date of petition till realization within eight weeks.