Supreme Court · 2001 INSC 193 · Decided 4 April 2001
The Oriental Insurance CO. LTD. ETC. v. Hansrajbhai V. Kodala and ORS. ETC. ETC.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 193 · [2001] 2 S.C.R. 999
- Case number
- CIVIL APPEAL No. 2568/2001
- Decided
- 4 April 2001
- Bench
- M.B. SHAH, D.P. MOHAPATRA (2-judge bench)
- Case type
- Civil
- Acts & sections cited
- Motor Vehicles Act Section 163A
Headnote
B Motor Vehicle Act, 1988 : Sections 140, 161, 163A, 168-Second Schedule-Compensation under Section 163A on structured formula basis and Compensation under Section 140 c on principle of fault liability-Held, compensation under Section 163A is in altemativt? and not i"'! addition to the to avoid long drawn litigation and delay in payment o.f compensation-Suggestion to Central Government for revising the Second Schedule keeping in view the cost of living. Interpretation of Statutes : D Legislative liisto1y-Statement of Objects and Reasons-Aid for con- st ruction-Held, reason
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