Allowed
Branch Manager,M/S.Iffco-Tokio G.I.Co.Ltd. v. Sujana@Sujane Gouda
Orissa HCMACA/250/2018
Case brief
AI extract
What is this about?
The Insurance Company appealed against an MACT award of Rs. 10,26,000 plus interest for a motor accident claim. The Single Judge reduced the compensation amount to Rs. 8,28,000 with interest, directing the appellant to deposit the revised sum within six weeks before disbursement to claimants.
What did the court decide?
Compensation reduced to Rs. 8,28,000; appellant ordered to deposit modified amount with interest within six weeks; statutory deposit refundable upon production of receipt.