Syed Shalam S/O. Syed Maheboob and Ors. v. Syed Gulzar Hussain S/O. Syed Abbas Hussai and Ors.
Case brief
What is this about?
Conciliators settled a second appeal filed against a Motor Accident Claim Tribunal award. Parties agreed to a lump sum of Rs. 2,00,000 with interest if not deposited within six weeks. The Tribunal modified the award accordingly, dismissing the appeal on merits by consent.
What did the court decide?
Insurance Company to deposit Rs. 2,00,000 within six weeks with 9% p.a. interest on default; award modified; amount released to appellants.