New India Assurance Company Ltd. v. Sri Rajib Das and 4 Ors.
Case brief
What is this about?
The Gauhati High Court disposed of a Motor Accident Claim appeal. The court noted a mutual settlement for Rs. 4,25,101/-, ordering the refund of the statutory deposit to the appellant-insurer and crediting the balance compensation to the claimant via bank details.
What did the court decide?
Settlement of Rs. 4,25,101/- approved; statutory deposit of Rs. 25,000/- refunded to company; remaining compensation to be credited to claimant's bank.