LAWS(DLH)-2012-3-144

ORIENTAL INSURANCE CO LTD Vs. PREETI BHATIA

Decided On March 05, 2012
ORIENTAL INSURANCE CO LTD Appellant
V/S
PREETI BHATIA Respondents

JUDGEMENT

(1.) BY a judgment dated 06.04.2012 a compensation of Rs. 37,78,000/- was awarded in favour of the Respondents No. 1 and 2 with interest @ 9% per annum. Para 82 of the judgment is extracted hereunder:-

(2.) WHILE directing the Petitioner/Insurance Company to make payment within 30 days, the Claims Tribunal directed payment of future interest @ 12% per annum (in case of delayed payment). The relevant portion of the order is extracted hereunder:-

(3.) SUBSEQUENTLY, on 04.11.2011 the Appellant was directed to pay interest @12% per annum from the date of filing of the petition till the date of payment. The order is extracted hereunder:-