N.I.a.Co.Ltd v. Nilanchal Bhoi
Case brief
What is this about?
Appeal by insurer against motor accident compensation award partially allowed; court reduced compensation from Rs.55,000 to Rs.50,000 and interest from 9% to 6% due to minor status of injured party at time of accident.
What did the court decide?
Insurer directed to deposit reduced compensation of Rs.50,000 with 6% interest before Tribunal within two months.