Divl.Manager,M/S.Oriental Insurance Co.Ltd. v. Saraswati Buliolly
Case brief
What is this about?
The Single Judge reduced the compensation amount awarded to the appellant in a Motor Accidents Case from Rs.8.48 lakhs to Rs.7 lakhs, along with interest at 7% per annum, and directed the Insurance Company to deposit the modified amount.
What did the court decide?
Compensation amount reduced to Rs.7,00,000/- with interest at 7% per annum; Insurance Company directed to deposit the amount in the Tribunal.