The Manager Legal, M/S. Icici Lombard G.I.Co. Ltd. v. Manguli Jena
Case brief
What is this about?
Orissa High Court, Cuttack; MACA Nos.108 & 528 of 2022; decided 18.12.2024 by G. Satapathy, J.; cross appeals under S.173(1) MV Act against Tribunal award dated 11.10.2021 in MAC Case No.318 of 2016 (First MACT Cuttack); accident 18.11.2012, Jenapur PS Case No.136 of 2012, charge sheet under Ss.279/337/338 IPC; claimant Manguli Jena, helper in offending truck; insurer ICICI Lombard G.I. Co. Ltd.; owner Basubandhu Das (unrepresented); insurer liable under S.166 MV Act; enhancement sought by claimant refused; age 54 per Disability Certificate Ext.13; disability fixed at 85%; Raj Kumar v. Ajaya Kumar 2011 (I) T.A.C. 785 SC relied on by Tribunal and endorsed; compensation Rs.15,32,230 with 6% simple interest w.e.f 05.05.2016; penal interest 12% set aside as S.171 MV Act permits only simple interest; execution stayed two months; statutory deposit refund.
What did the court decide?
Both appeals dismissed as unmerited, but the impugned award is modified by setting aside the penal interest @ 12% per annum; the insurer is made liable to pay simple interest @ 6% per annum w.e.f 05.05.2016 till realisation of the claim amount; no order as to costs; the Tribunal shall not proceed with execution of the award for two months from the date of production of copy of the order; the statutory deposit is to be refunded to the appellant-insurer on proof of deposit of the modified compensation amount within 60 days before the Tribunal, which shall disburse it in the manner ordered in the impugned judgment.