National Insurance Co. Ltd. v. Saraswati Das and 7 Ors.
Case brief
What is this about?
In a National Lok Adalat proceeding, the court recorded a compromise settlement between the insurance company and accident claimants for Rs. 16.30 lakhs, directing payment distribution and disposal of the matter.
What did the court decide?
Settlement of Rs. 16,30,000 ordered; funds to be distributed with Rs. 2,00,000 each kept in fixed deposit for minor claimants.