Supreme Court of India · 2018-03-06
S. Thangaraj vs National Insurance Co. Ltd. Rep. By The ...
- Citation / case number
- AIR 2018 SUPREME COURT 1439
- Court
- Supreme Court of India
- Petitioner
- S. Thangaraj
- Respondent
- National Insurance Co. Ltd. Rep. By The ...
- Author
- D Y Chandrachud
- Bench
- D Y Chandrachud, A M Khanwilkar, Dipak Misra
Judgment text excerpt
The Supreme Court held that the High Court erred in reducing the interest on the compensation awarded under the Motor Vehicles Act, 1988, from 12% to 7.5% per annum. The Court emphasized that the Tribunal's assessment of the appellant's disability at 70% was justified given the serious nature of the injuries, including complete loss of sensation in both legs. The Court restored the original interest rate and affirmed the compensation amount of Rs 11,27,359 awarded by the Tribunal, thereby enhancing the claimant's financial relief.