D.M., M/S. New India Assurance Company Ltd., Cuttack v. Trilochan Biswal
Case brief
What is this about?
The High Court of Orissa condensed the insurer's appeal. While reducing the compensation to facilitate settlement, the court ordered the Commissioner to disburse the reduced amount to claimants and refund the balance with interest to the insurer, waiving any penalties.
What did the court decide?
Compensation reduced to Rs. 13,60,000; Claimants paid this amount; Insurer to receive refund of balance plus interest; Penalty waived.