The Divl. Manager, M/S. New India Assurance Co. Ltd. v. Sudarsan Dehury
Case brief
What is this about?
FAO No. 14 of 2024 | High Court of Orissa at Cuttack | Justice V. Narasingh | order dated 17.03.2024 | National Lok Adalat compromise settlement | insurance company appeal regarding employee's compensation award (Commissioner for Employee's Compensation-cum-Joint Labour Commissioner, Cuttack) | claimants Sudarsan Dehury and Others | compensation settled at Rs.14,80,000/- consolidated | release to claimant with accrued interest; refund of balance with accrued interest to insurer | waiver of 50% of penalty and default interest @ 12% per annum on awarded amount | no court fee payable by claimant | FAO disposed of.
What did the court decide?
Compensation settled at Rs.14,80,000/- consolidated; agreed amount with accrued interest to be released to the claimant and balance with accrued interest refunded to the Appellant-Insurance Company; 50% of penalty and default interest @ 12% per annum on the awarded amount waived; no court fee payable by the claimant.