National Insurance Co. Ltd., v. Powali Nayak and Anr.
Case brief
What is this about?
The Gauhati High Court disposes of a first appeal filed by the National Insurance Company Ltd. against an employee compensation award using the mechanism of a National Lok Adalat. The court approved a compromise settlement amount of Rs. 4,61,686/- to be deposited by the appellant.
What did the court decide?
The appellant directed to deposit Rs. 4,61,686/- with interest within 45 days; statutory security released upon proof of payment.