Oriental Insurance Co.Ltd. v. Smt. Rani Jagdish Sahadevan and Ors.
Case brief
What is this about?
In a first appeal regarding motor accident claims, the court allowed a settlement wherein the appellant insurance company agreed to deposit Rs. 30,00,000 as compensation. The appeal was partly allowed, and the claimants were permitted to withdraw the Tribunal award plus interest along with the settlement amount.
What did the court decide?
Deposit of Rs. 30,00,000 by appellant before MACT; claimants permitted to withdraw Tribunal award with interest and settlement amount.