National Insurance Company Limited v. Renuka Chetry and Ors.
Case brief
What is this about?
The High Court disposed of an appeal arising from a motor accident claim settlement between the National Insurance Company Limited and claimants. The parties settled the matter totaling Rs. 7,88,000 with specific payment directives.
What did the court decide?
Settlement of Rs. 7,88,000; balance of Rs. 5,90,000 to be paid by insurer within one month; statutory amount of Rs. 25,000 allowed to insurer.