M/S.New India Assurance Co. Ltd. v. Laxmidhar Jena
Case brief
What is this about?
The Court reduced the employer compensation award from Rs.9,67,976/- to Rs.7,00,000/- upon agreement of the claimant's counsel. It directed the Commissioner to disburse the reduced sum to the claimant and refund the balance to the insurer within two months.
What did the court decide?
Reduction of compensation to Rs.7,00,000/-; Commissioner directed to disburse amount to claimant and refund balance to insurer.