Divl. Manager, M/S. New India Assurance Co. Ltd. v. Malati Parida
Case brief
What is this about?
Appeal against employee's compensation award. Appeal disposed of in view of settlement proposal; compensation fixed at Rs.12 lakhs.
What did the court decide?
Compensation fixed at Rs.12,00,000/-; accrued interest to be disbursed to claimants in two months; balance with interest refunded to insurer.