The Icici Lombard General Insurance Company Limited v. Smti Surabala Nath
Case brief
What is this about?
The appellant Insurance Company and the claimant reached a settlement of Rs. 7,10,000. The court directed the appellant to deposit the balance amount and released the statutory deposit. The appeal stood disposed.
What did the court decide?
Insurance company directed to deposit Rs. 3,50,000; statutory deposit of Rs. 25,000 refuned. Appeal disposed.