Sunanda W/O Daulappa @ Daulat, v. Shivayya S/O Annayya Swami
Case brief
What is this about?
This Lok Adalat settled a Motor Accident claimant's appeal. Parties agreed to a lump sum of Rs. 5,00,000/- in addition to the tribunal award for full and final settlement. The insurance company was ordered to deposit the amount within six weeks.
What did the court decide?
Insurance company to deposit Rs. 5,00,000/- within six weeks interest at 9% p.a. from date of default; balance 50% released immediately after deposit.