Citation : 2023 Latest Caselaw 6525 Ori
Judgement Date : 18 May, 2023
IN THE HIGH COURT OF ORISSA AT CUTTACK
MACA No.541 of 2022
Oriental Insurance Co. Ltd. .... Appellant
Mr.A.A.Khan, Advocate
-versus-
Sujata Mohanty and others .... Respondents
Mr.D.Pattanaik, Advocate for Respondent Nos.1 to 4
CORAM:
JUSTICE B. P. ROUTRAY
ORDER
18.05.2023 Order No.
4. 1. The matter is taken up through Hybrid mode.
2. Heard Mr.Khan, learned counsel for the Appellant- Insurer and Mr.Pattnaik, learned counsel for claimants- Respondent No.1 to 4.
3. Present appeal by the Insurer is directed against the judgment dated 25th August, 2022 of the learned District Judge- cum-1st M.A.C.T., Jagatsinghpur in Motor Accident Claim Case No.41 of 2017, wherein compensation to the tune of Rs.13,64,770/- has been granted along with interest @7% per annum with effect from the date of filing of the claim application on account of death of the deceased in the motor vehicular accident on 12th December, 2016.
4. Upon hearing both parties and considering all such grounds of challenge advanced, a reduced compensation of Rs.12,70,000/- along with interest @6% per annum is proposed
Digitally Signed Signed by: CHITTA RANJAN BISWAL Designation: Secretary Reason: Authentication Location: Orissa High Court, Cuttack Date: 18-May-2023 19:24:01 to the parties in course of hearing. This is agreed by Mr.Pattnaik, learned counsel for the claimants. Mr.Khan, 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.12,70,000/- (Twelve lakhs seventy 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 claimants on such terms and proportion to be fixed by the Tribunal. It goes without saying that the right of recovery granted in favour of the Insurer is left undisturbed. The direction for payment of penal interest @12% is waived.
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
Signature Not Verified Digitally Signed Signed by: CHITTA RANJAN BISWAL
Reason: Authentication Location: Orissa High Court, Cuttack Date: 18-May-2023 19:24:01
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!