In an interlocutory application, the High Court of Orissa waived the direction for payment of penal interest until 20 June 2023 to allow the appellant-insurance company time to deposit the award amount, considering pending SLPs in the Supreme Court.
Waiver of direction to pay penal interest till 20.6.2023, subject to deposit of award with interest.
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IN THE HIGH COURT OF ORISSA AT CUTTACK
MACA No.910 of 2018
National Insurance Company Ltd., …. represented through tis Officer-inAppellant Charge, Orissa Legal Cell, Cuttack
Mr. J.R. Deo, Advocate
-versus-
Praveen Mohanty and Another
…. Respondents
Mr. D.C. Dey, counsel for Respondent No.1
CORAM: SHRI JUSTICE B. P. ROUTRAY
ORDER 20.4.2023
Order No.
I.A. No.628 of 2023
It is accordingly prayed that further two months time may be extended in favour of the insurer to deposit the award amount and till then the direction for payment of penal interest may be waived.
M.K.Panda
( B.P. Routray)
Judge
Page 2 of 2
1 issue framed by the court
Whether the direction for payment of penal interest on the insured amount be waived in view of the pendency of SLPs in the Hon'ble Apex Court.
National Insurance Company Ltd.
Praveen Mohanty
B. P. Routray
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
