Supreme Court of India · 2012-07-31
Oriental Insurance Co.Ltd vs Siby George & Ors
- Citation / case number
- AIR 2012 SUPREME COURT 3144
- Court
- Supreme Court of India
- Petitioner
- Oriental Insurance Co.Ltd
- Respondent
- Siby George & Ors
- Author
- Aftab Alam
- Bench
- Ranjana Prakash Desai, Aftab Alam
Judgment text excerpt
The Supreme Court clarified that under Section 4-A(3) of the Workmen’s Compensation Act, 1923, interest on compensation becomes due from the date of adjudication of the claim, not from the date of the accident. The Court distinguished its earlier ruling in National Insurance Co. Ltd. vs. Mubasir Ahmed, emphasizing that compensation is only payable after adjudication. The Court upheld the principle that interest should be calculated from the date the compensation falls due, which is determined by the completion of the adjudication process.