Royal Sundaram Alliance v. Premananda Panda
Case brief
What is this about?
This single-judge order on consent admits the appeal arising from a MAC Tribunal award. Finding slight irregularities in computing the deceased 's income, the Court reduced the compensation from Rs. 20,46,000/- to Rs. 14,50,000/- with 7% interest. The insurer was directed to deposit the reduced amount before the Tribunal for disbursement to claimants, subject to refund upon receipt of proof of dis
What did the court decide?
Compensation reduced to Rs. 14,50,000/-; insurer directed to deposit reduced amount with 7% interest before the Tribunal for disbursement upon completion of proof of identification.