The Divisional Manager vs Rabinarayan Panda And Others
2023 Latest Caselaw 164 Ori

                    IN THE HIGH COURT OF ORISSA AT CUTTACK

                                  MACA No.295 of 2022

            The Divisional Manager,
            Oriental Insurance Co. Ltd.               ....           Appellant
                                                     Mr.G.P.Dutta, Advocate

                                          -versus-

            Rabinarayan Panda and others          ....     Respondents
                     Mr.P.K.Mishra, Advocate for Respondent Nos.1 to 3

                          CORAM:
                          JUSTICE B. P. ROUTRAY

                                       ORDER

4.1.2023 Order No.

3. 1. The matter is taken up through Hybrid mode.

2. Heard Mr.Dutta, learned counsel for the Appellant- Insurer and Mr.Mishra, learned counsel for claimants-Respondent Nos.1 to 3.

3. Present appeal by the Insurer is against the judgment dated 16th March, 2022 of the 1st M.A.C.T, Mayurbhanj, Baripada, in MAC No.113 of 2016, wherein compensation to the tune of Rs.20,44,800/- has been granted along with interest @7% per annum with effect from the date of filing of the claim application on account of injuries sustained by the claimants in the motor vehicular accident on 25th October, 2015.

4. Upon hearing both parties and considering the grounds of challenge advanced, a reduced compensation of Rs.18,00,000/- along with interest @6% per annum is proposed to the parties in course of hearing. This is agreed by Mr. Mishra, learned counsel

for the claimants-Respondent Nos.1 to 3. Mr. Dutta, learned counsel for the Insurer leaves it to the discretion of the Court. As such, the amount is fixed to that extent.

5. The Insurer-Appellant is directed to deposit the reduced compensation of Rs.18,00,000/- (Eighteen lakhs) 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 claimants on such terms and proportion to be fixed by the Tribunal.

6. With aforesaid modification in the compensation amount, the appeal is disposed of.

7. The statutory deposit made by the Appellant with accrued interest thereon be refunded to him on proper application and on production of proof of deposit of the award amount before the learned Tribunal.

8. Urgent certified copy of this order be granted on proper application.

( B.P. Routray) Judge C.R.Biswal