DELHI HIGH COURT
SANJEEV SACHDEVA
Oriental Insurance Co. Ltd. – Appellant
Versus
Sunita Sethi – Respondent
JUDGMENT
Sanjeev Sachdeva, J. (Oral)
CM APPL. 43809/2021 (restoration)
1. Issue notice. Notice is accepted by learned counsel appearing for the respondents.
2. For the reasons stated in the application, application is allowed. Appeal is restored to its original number.
MAC.APP. 52/2021
3. Appellant has impugned the award dated 12.12.2019 as modified by order dated 10.01.2020 whereby the claim petition filed by respondent no. 1, has been allowed and compensation awarded.
4. By detailed order dated 29.01.2021 this Court had rejected the challenge to the award on merits and had issued notice limited to the question of rate of interest on the awarded amount.
5. The tribunal had awarded rate of interest @ 9% per annum. The contention of learned counsel for the appellant at the time of issuance of the notice was that interest should be calculated @ 6% per annum.
6. Learned counsel for the appellant submits that the present prevailing rate of interest on fixed deposit is about 6%, accordingly interest should have been awarded at 6% per annum.
7. I am unable to accept the contentions of learned counsel for the appellant in view of the judgment of the Supreme Court in Dharam P
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