NEW INDIA ASSURANCE CO. LTD. vs PUNKALI DEVI . — C.A. No. 2804/2007

Case Summary: NEW INDIA ASSURANCE CO. LTD. v. PUNKALI DEVI & ORS. Outcome: The Supreme Court disposed of New India Assurance's appeal, directing the insurer to pay the full compensation of Rs. 1,44,000 (awarded by the tribunal and upheld by Patna High Court) with 9% interest from the application date, after adjusting Rs. 15,000 already paid. The insurer is entitled to recover excess amounts paid beyond the statutory limit of Rs. 50,000 from the vehicle's registered owner and driver. No further steps: The appeal was disposed of with each party bearing their own costs. This case analysis is maintained by casestatus.in based on publicly available court records.