National Insurance Company Ltd. v. Banitombi Singha and 3 Ors.
Case brief
What is this about?
The Gauhati High Court disposed of an appeal filed by National Insurance Company Ltd against a Motor Accident Claims Court award. The parties unanimously agreed to a full and final settlement of Rs. 26,50,000/. The Court recorded the compromise, directed the deposit of outstanding amounts with interest, and transferred the matter to National Lok Adalat for final disposal, releasing the appellant's
What did the court decide?
Settlement of Rs. 26,50,000/- agreed; balance Rs. 16,68,750/- to be deposited with 9% interest; matter disposed of in Lok Adalat.