Murari Lal and Another v. New Indian Insurance Company Ltd. and Others
Case brief
What is this about?
The National Lok Adalat disposed of an insurance appeal based on a settlement between the parties. The insurer agreed to pay an additional ₹2,25,000 within sixty days, with interest at 6% p.a. if delayed beyond that period.
What did the court decide?
Settlement: ₹2,25,000 to be paid by insurer within 60 days; 6% p.a. interest thereafter if default.