Bharti Axa Gen Ins Co. Ltd. v. Gorki Devi & Ors.
Case brief
What is this about?
An appellant replaced its predecessor in an insurance appeal before the National Lok Adalat. The parties agreed to refund a lump sum of Rs. 1 lakh to the appellant, while releasing the remaining deposit and accrued interest to the claimant. The Registry directed the release of funds accordingly. The appeal was disposed of in terms of this settlement.
What did the court decide?
Refund of Rs 1,00,000/- to appellant and release of balance deposit plus interest to respondent.