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2023 Supreme(Sikk) 11

MEENAKSHI MADAN RAI
Cholamandalam Ms General Insurance Co. Ltd. – Appellant
Versus
Amrit Kumar Manger – Respondent


Advocates appeared:
Mr. Pawan Gurung, Advocate, for the Appellant; Mr. S. S. Hamal, Senior Advocate with Mr. Tashi Wongdi Bhutia, Advocate, Mr. Mahesh Subba, Advocate, Mr. Pradeep Sharma, Advocate and Mr. Anirudh Gupta, Advocate, for the Respondent.

JUDGMENT

Meenakshi Madan Rai, J. - The three grounds agitated in this Appeal are;

(i) That, the rate of interest placed at 9% on the Award, by the Learned Motor Accidents Claims Tribunal, Gangtok (hereinafter, the 'Learned Claims Tribunal') is exorbitant and ought to be decreased;

(ii) That, Rs. 13,00,000/- (Rupees thirteen lakhs) only, awarded under the 'other heads' has no basis and ought to be reduced; and

(iii) That, the disability certificate of the victim indicates that he suffered a 90% disability but the Learned Claims Tribunal considered it to be 100% disability while computing the compensation. Hence, the compensation awarded to the Claimant/Respondent No.1 is required to be reduced.

2. Elaborating on the grounds raised hereinabove, Learned Counsel for the Appellant contended that interest @ 9% imposed by the Learned Claims Tribunal on the awarded amount is not in conformity with the interest rates of various Banks prevailing during the period of the accident. While relying on Dharampal and Others vs. U.P. State Road Transport Corporation, (2008) 12 SCC 208, it was canvassed that the Supreme Court has held therein that the interest to be awarded is normally dependent upon the

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