Smt. P. Ramadevi vs Sri C.B. Saikrishna And Others on 23 April, 1993
7. There is force in the submission of the learned
counsel for appellant that award of interest at 9% per
annum is excessive and contrary to the decision of the
8
Division Bench in Smt.P.Ramadevi vs. Sri
C.B.Saikrishna and others1 whence it was held that
compensation paid is for pecuniary or non-pecuniary
loss and the interest is awarded for delayed payment of
such compensation while compensation, is an amount
paid in advance for any loss of life or loss of dependency
or loss of earnings, not being a debt, qualifies for
interest at 6% per annum.