M/S New India Assurance Co. Ltd. v. on the Death of Jaydeep Das, His Legal Heirs and Anr.
Case brief
What is this about?
Insurer's appeal against a Workmen's Compensation Commissioner award of Rs.3,86,650 with 12% interest for a workman's death ended in settlement. At a National Lok Adalat the parties agreed on Rs.3,70,000 as full and final payment; the appeal was closed with a deposit direction.
What did the court decide?
Insurance Company to deposit Rs.3,70,000/- as full and final settlement before the Registry within 45 days; Sumitra Das at liberty to withdraw the amount on identification by counsel.