2009 Supreme(SC) 1860
SUPREME COURT OF INDIA
D.K. JAIN, H.L. DATTU, JJ.
AMRESH KUMARI – Appellant
Versus
NIRANJAN LAL JAGDISH PD. JAIN AND OTHERS – Respondents
Civil Appeal No. 5777 of 2009 [Arising out of SLP (C) No. 8911 of 2006]
Decided On : 24-08-2009
Important Points
Subject
Civil Law - Motor Accident Claims
Headnote
Facts of the case:
An appeal was filed challenging an order regarding the interest payable on the enhanced compensation awarded in a claim petition.
Findings of Court:
The court ordered that simple interest at the rate of 9% shall be paid on the amount of enhanced compensation, with the calculation starting from the date of filing of the claim petition.
Issues: Whether the rate and starting point of interest on enhanced compensation deserved modification.
Ratio Decidendi: The court determined that simple interest at 9% per annum is the appropriate rate for enhanced compensation, payable from the date the claim petition was filed.
Result: Appeal allowed.
ORDER
Delay condoned.
Leave granted.
The appeal is allowed and the impugned order is set aside to the extent that the appellant shall be paid simple interest @ 9% on the amount of enhanced compensation from the date of filing of the claim petition. The appeal stands disposed of in the above terms with no order as to costs.