The National Insurance Company Limited v. Smti Manjula Borah and Anr.
Case brief
What is this about?
In a National Lok Adalat matter regarding a motor vehicle accident claim, the High Court readily allowed a settlement of Rs. 17,00,000/- between the National Insurance Company and the respondents. The company was ordered to deposit the amount within 45 days, failing which interest shall accrue.
What did the court decide?
Settlement of Rs. 17,00,000/- allowed; deposit ordered within 45 days with 9% p.a. interest on default.