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february 2009

Supreme Court of India · 2009-02-13

New India Assurance Co. Ltd vs Mosomat Bhudhiya Devi & Ors

Citation / case number
AIRONLINE 2009 SC 330
Court
Supreme Court of India
Petitioner
New India Assurance Co. Ltd
Respondent
Mosomat Bhudhiya Devi & Ors
Bench
Mukundakam Sharma, S.B. Sinha

Judgment text excerpt

The Supreme Court upheld the High Court's judgment, stating that it need not be interfered with. However, the Court modified the rate of interest awarded by the High Court from 12% per annum to 9% per annum, finding the former rate excessive. The appeal was disposed of with this modification, allowing the respondents to withdraw the litigation costs deposited by the appellant.

New India Assurance Co. Ltd vs Mosomat Bhudhiya Devi & Ors · Niyam