Smt Lissy @ Lissy Raju v. Sri Pillananjappa
Case brief
What is this about?
In a Motor Vehicle Accident case, the High Court Mega Lok Adalat held that after prolonged negotiations, the parties settled the enhanced compensation claim. The insurance company agreed to pay Rs.7,75,000/- with interest at 9% P.A. from the date of default, and the miscellaneous appeal was disposed of based on the joint settlement memo.
What did the court decide?
Agreement to pay additional compensation of Rs.7,75,000/- with 9% P.A. interest from date of default, and modification of the Tribunal's award.