IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH FAO No.658 of 2009 (O&M) Date of decision:11.10.2010. Oriental Insurance Company Ltd. ...Appellant Versus Shamsher Singh and others ...Respondents CORAM: HON’B LE MR. JUSTICE RAKESH KUMAR JAIN Present: Mr. Mrigank Sharma, Advocate, for the appellant. Mr. Jagroop Singh, Advocate, for respondent No.2. ***** RAKESH KUMAR JAIN, J. (ORAL) The only question raised in this appeal is with regard to the interest as to whether it should be paid from the date of accident or from the date of passing of the award. Learned counsel for the appellant has relied upon a decision rendered by the Supreme Court in the case of Palraj Vs. The Divisional Controller, NEKRTC, JT 2010(10) SC 94. The aforesaid judgment is rendered by two Hon'ble Judges of the Supreme Court, whereas four Judges of the Supreme Court in the case of Partap Narain Singh Deo Vs. Srinivas Sabata, 1976(1) SCC 289 have categorically held that the amount of interest shall fall due after one month from the date of accident. In view of the law of precedents, I am bound by the decision of the Larger Bench of the Supreme Court. Hence, I follow the judgment rendered in the case of Partap Narain Singh Deo (supra). In view thereof, I do not find any merit in the present appeal and as such, the same is hereby dismissed. October 11, 2010 (RAKESH KUMAR JAIN) vinod* JUDGE