The New India Assurance Co. Ltd. v. Sarifun Nessa @ Sariful Bibi and 3 Ors.
Case brief
What is this about?
This order pertains to aMotor Accident Case Appeal. The appellant insurance company settled the claim for Rs. 12,50,000/-. The court directed the release of funds into claimants' bank accounts and the refund of statutory deposit, effectively closing the appeal.
What did the court decide?
Allowed settlement; order refund of statutory deposit Rs. 25,000/-; closure of MAC appeal.