L.R. Ferro Alloys Ltd. vs Mahavir Mahto And Anr. on 21 November, 2000
The Division Bench has referred to the decision of the Honourable Supreme Court reported in 2002-9-SCC-450 (L.R.Ferro Alloys Limited Vs. Mahavir Mahato) wherein the Honourable Supreme Court has reiterated the earlier view taken in Vel Prakash Garg Vs. Premi Devi and others (1997-8-SCC-1-) that the interest and penalty are two distinct liabilities arising under the Act and that the liability to pay interest is part and parcel of legal liability to pay compensation upon default of payment within one month.