Vikas @ Vicky v. Vipin Kumar & Ors. (Icici Lombard General Insurance Co. Ltd)
Case brief
What is this about?
The National Lok Adalat disposed of the appeal following an amicable settlement. The insurer agreed to pay Rs.1,50,000 to the claimant, with interest at 7.5% per annum if paid within 30 days.
What did the court decide?
Settlement: Additional payment of Rs.1,50,000 with 7.5% annual interest payable within 30 days.