Icici Lombard General Insurance Company Ltd. v. MD Jahar Ali and 7 Ors.
Case brief
What is this about?
This case involved a mutual settlement reached between the appellant and respondents regarding the appellant's insurance claim. The court ordered the appellant to pay the remaining balance amount within four weeks and directed the return of the statutory deposit upon proof of payment, thereby disposing of the appeal.
What did the court decide?
Appellant directed to pay balance of Rs.3,54,000/- within four weeks; statutory deposit to be returned on proof of payment; appeal disposed.