Supreme Court of India
S. Thangaraj v. National Insurance Co. Ltd. Rep. by the Branch Manager
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
We are of the view that the appellant is entitled to interest at the rate of 9 per cent per annum from the date of the claim petition.
Judgment, page 4
From the headnote
Motor Vehicles – Disability sustained as a result o f motor accident – Appellant-victim, a loadman engaged by a building contractor, was 26 years old at the time of the accident – Tri bunal determined the disability at 70%, and granted compe nsation of Rs 11,27,359/- with interest @ 12% per annum – High Court reduced the interest awarded by the Tribunal to 7.5% per an num while maintaining the award of compensation – On appeal, held: Inj uries sustained by appellant are serious – As a result of multiple fractures sustained by him, appellant has lost complete sensati on below the abdomen –
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