Shivanna v. M/S Transport Corporation of India Ltd.
Case brief
What is this about?
In a Lok Adalat under MSEMA/1981 (Motor Accidents), the High Court of Karnataka settled a motor accident appeal between an appellant claimant and respondents including the Transport Corporation and Insurance Company. The matter was resolved via a joint memo agreeing to an enhanced lump-sum compensation payment of Rs. 3,10,000 additional to the tribunal award, by the insurance company within six we
What did the court decide?
A lump-sum of Rs. 3,10,000 in addition to the Tribunal award to be paid by the Insurance Company within six weeks, with 9% interest on default.