M/S.Cholamandalam Ms G.I.Co.Ltd. v. Bhagabat Jena
Case brief
What is this about?
The Single Judge allowed the appeal filed by the Insurance Company against the Commissioner's award. The court modified the awarded compensation from Rs. 6,45,840 to Rs. 5,00,000 and held that no interest is payable on the reduced amount.
What did the court decide?
The impugned award is modified; compensation reduced to Rs. 5,00,000 payable to claimants with no interest; balance refunded to appellant.