Citation : 2023 Latest Caselaw 8707 Ori
Judgement Date : 7 August, 2023
IN THE HIGH COURT OF ORISSA AT CUTTACK
MACA No.801 of 2016
The Divisional Manager, Shriram
General Insurance Co. Ltd. ....
Appellant
Mr. J.R. Deo, Advocate
-versus-
Smt. Satyabati Sabar and Another .... Respondents
Mr. K.C. nayak, counsel for Respondent No.1
CORAM:
SHRI JUSTICE B. P. ROUTRAY
ORDER
7.8.2023 Order No.
08. 1. The matter is taken up through hybrid mode.
2. Heard Mr. J.R. Deo, learned counsel for insurer - Appellant and Mr. K.C. Nayak, learned counsel for the claimant- Respondent No.1.
3. Present appeal by the insurer - Appellant is directed against the impugned judgment dated 30th June, 2016 of learned District Judge- cum-MACT, Rayagada passed in MAC Case No.20 of 2014, wherein compensation to the tune of Rs.9,02,350/- along with interest @ 9% per annum from the date of filing of the claim application, has been granted on account of death of deceased Minaketan Sabar in the motor vehicular accident dated 31st July, 2013.
4. Upon hearing both parties and considering all such grounds of challenge including application of appropriate multiplier and deduction towards personal expenses as well as non-entitlement towards future prospect, a reduced compensation of Rs.4,30,000/- with 6% interest is proposed to the parties. This is agreed by Mr. Nayak, learned counsel for the claimant and Mr. Deo, learned counsel for the insurer leaves it to the discretion of the court. Accordingly the compensation amount is fixed to the said extent.
5. In the result the appeal is disposed of with a direction to the insurer - Respondent No.2 to deposit a reduced compensation of Rs.4,30,000/- (four lakhs thirty thousand) before the tribunal along with interest @ 6% per annum from the date of filing of the claim application, within a period of two months from today; where-after the same shall be disbursed in favour of the claimant- Respondent No.1 on such terms and proportion to be decided by the learned tribunal.
6. The statutory deposit made by the insurer - Appellant before this court along with accrued interest be refunded on proper application and on production of proof of deposit of the awarded amount before the tribunal.
7. An urgent certified copy of this order be issued as per rules.
( B.P. Routray) Judge M.K.Panda
Signature Not Verified Digitally Signed Signed by: MANAS KUMAR PANDA Designation: Senior Steno Reason: Authentication Location: OHC, Cuttack Date: 09-Aug-2023 17:40:52
Publish Your Article
Campus Ambassador
Media Partner
Campus Buzz
LatestLaws.com presents: Lexidem Offline Internship Program, 2026
LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!