Chaman Lal Sharma v. Parveen Kumar & Anr. (Icici Lombard General Insurance Company Ltd)
Case brief
What is this about?
In a National Lok Adalat hearing, the High Court of Delhi recorded an amicable settlement between the parties regarding an insurance claim amounting to Rs. 4,25,000/- with a specific direction for payment and an FDR arrangement.
What did the court decide?
Settlement recorded for Rs. 4,25,000/- to be paid by insurer within 30 days; Rs. 2,25,000/- kept in FDR for 3 years; appeal disposed.