Manager, Legal Claims, M/S.Reliance Gic Ltd. v. Lilirani Pradhan
Case brief
What is this about?
The Odisha High Court reduced compensation in a motor accident appeal from Rs. 8,50,000 to Rs. 6,50,000 and adjusted interest from 7% to 6% per annum upon agreement of parties, waiving penal interest.
What did the court decide?
Deposited reduced compensation of Rs. 6,50,000 with 6% interest; penal interest waived.