National Insurance Co. Ltd. Thru. Its Regional Manager Lko. v. Ram Shankar and 3 Others
Case brief
What is this about?
Insurance claim review application taken up in National Lok Adalat and decided by compromise. Respondents 1 and 2 agreed to receive Rs. 9,50,000 plus interest as full and final satisfaction, with deposited amounts remitted to the Tribunal.
What did the court decide?
Rs. 9,50,000 plus interest to respondents 1 & 2 as full and final satisfaction; deposits remitted to Tribunal.