M/s. Royal Sundaram General Insurance Company Limited, v. Ramamoorthy
Case brief
What is this about?
Appeal against Motor Vehicles Accident Claims Tribunal award on quantum. High Court held liability admitted; reduced compensation components and interest rate partially allowing appeal.
What did the court decide?
Compensation reduced to Rs.1,90,330/- at 7.5% interest. Claimant directed to withdraw from Appellant deposit upon payment.