Komal Sharma v. Shakeel Khan and Others
Case brief
What is this about?
The High Court modified a Motor Accident Claims Tribunal award of Rs. 4.00 Lakhs to Rs. 6.00 Lakhs based on a mediated settlement where the insurance company offered an enhancement of Rs. 2.00 Lakhs, which was accepted by the appellant. The appeal was disposed of with the modified award carrying no interest if paid within two months, otherwise interest at 7.5% per annum would apply.
What did the court decide?
Tribunal award modified from Rs. 4.00 Lakhs to Rs. 6.00 Lakhs; no interest if paid within two months, else 7.5% per annum interest on modified amount