Partly allowed
Manager,Bajaj Allianz G.I.Co.Ltd. v. Bayani Sahu
Orissa HCMACA/566/2017
Case brief
AI extract
What is this about?
The Appellate Tribunal allowed the appellants' request to reduce the awarded compensation from the original amount to Rs. 7,80,000 with 6% annual interest. The court held the insurer to refund the excess deposited amount and instruct them to deposit the modified sum before the concerned Tribunal for disbursement to claimants.
What did the court decide?
Award modified to Rs. 7,80,000 with 6% p.a. interest; appellate Tribunal to re-disburse amount.