Authority: Supreme Court of India (Civil Appellate Jurisdiction)
Order Date: 08 October 2026
Case Overview
- Parties: Appellants Swetha TN and another vs Respondent United India Insurance Company Ltd and others.
- Origin: Appeal against the High Court of Karnataka judgment dated 12 March 2024 (Misc. First Appeal No. 1325 of 2020) which had enhanced compensation awarded by the Motor Accident Claims Tribunal.
- Compensation details: The Motor Accident Claims Tribunal award was increased by the High Court by Rs 1,22,36,044, bringing total compensation to Rs 1,37,24,044, with interest at 6% per annum from the date of filing of the claim petition till realization.
- Legal issue: Whether the interest rate of 6% per annum is appropriate; the Supreme Court notes its usual rate in such matters is 7.5% per annum.
Final Outcome
- The Supreme Court modified the High Court judgment, raising the interest rate on the compensation from 6% to 7.5% per annum, applicable from the date of filing of the claim petition till realization.
- The appeal is allowed to the extent indicated; any pending applications are disposed of.
Topics: Motor Accident Compensation, Interest Rate Determination