Supreme Court of India

Oriental Insurance Co. Ltd. v. Mohd. Nasir and Anr.

Neutral citation
Bench S.B. Sinha and Dr. Mukundakam Sharma JJ.
Decided 12 May 2009

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

5 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that interest will also payable at the rate of 7Yi % per annum from the date of filing of the application till the date of award.

Judgment, page 21

From the headnote

Workmen Compensation Act, 1923/Motor Vehicle Act, 1988: c Disability - Compensation - Both the Acts are beneficient legislations in so far as they provide for payment of compensation - Both the statutes provide for the mode and manner in which the percentage of loss of earning capacity is required to be calculated - While determining the amount of loss of earning capacity, the Tribunal or High Court must record reasons for arriving at the conclusion.…

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