Supreme Court of India · 2012-07-31
ORIENTAL INSURANCE CO.LTD. vs SIBY GEORGE .
- Citation / case number
- SC 2010/4511
- Court
- Supreme Court of India
- Petitioner
- ORIENTAL INSURANCE CO.LTD.
- Respondent
- SIBY GEORGE .
- Author
- Aftab Alam
- Bench
- RANJANA PRAKASH DESAI AFTAB ALAM
Judgment text excerpt
The Supreme Court addressed the issue of when compensation under the Workmen’s Compensation Act, 1923 becomes due and the applicable interest under Section 4-A(3). The Court held that interest on compensation is payable from the date of adjudication of the claim, not from the date of the accident, as established in National Insurance Co. Ltd. vs. Mubasir Ahmed (2007) 2 SCC 349. The appeal was dismissed, affirming the lower court's order for interest from the date of the accident was incorrect.