The Oriental Insurance Co. Ltd. v. Y.Venkateswarulu and 2 Ors.
Case brief
What is this about?
The High Court partly allowed appeals by modifying the compensation quantum. It found contributory negligence apportioned 60% to the tanker driver and 40% to the deceased. The court enhanced the total compensation to Rs. 37,17,200/-, determining the insurer to pay 60% of this amount.
What did the court decide?
Compensation enhanced to Rs. 37,17,200/-; Insurer liable to pay Rs. 22,30,320/- within two months with interest at 7.5% per annum.