Supreme Court of India · 2018-03-06
S. THANGARAJ vs NATIONAL INSURANCE CO. LTD. REP. BY THE BRANCH MANAGER
- Citation / case number
- SC 2015/30743
- Court
- Supreme Court of India
- Petitioner
- S. THANGARAJ
- Respondent
- NATIONAL INSURANCE CO. LTD. REP. BY THE BRANCH MANAGER
- Author
- HON'BLE THE CHIEF JUSTICE
- Bench
- HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE A.M. KHANWILKAR, HON'BLE THE CHIEF JUSTICE
Judgment text excerpt
The Supreme Court addressed an appeal concerning compensation awarded for a disability resulting from a motor accident, where the Tribunal initially granted Rs 11,27,359 with 12% interest per annum. The High Court reduced the interest to 7.5% but upheld the compensation amount. The Court held that the appellant's claim for higher interest was justified due to the nature of the disability, which resulted in a complete loss of sensation in both legs, impacting his ability to work. The Court restored the original interest rate of 12% per annum, emphasizing the need for just compensation under the Motor Vehicles Act.