The New India Assurance Company Ltd. Represented Thr Its Dy Manager and Incharge v. Rubina Khatoon
Case brief
What is this about?
National Lok Adalat settled two misc. appeals regarding insurance claims. The insurer agreed to pay Rs. 6,25,000 as a lump sum final settlement, accepting the Tribunal's recovery rights. Appeals disposed.
What did the court decide?
Insurance Company directed to pay Rs. 6,25,000 lump sum to claimants within 30 days as final settlement. Deposited statutory amount to be refunded to insurer.