Sri. Ramesh K S v. M/S. Sri. Vinayaka Enterprises
Case brief
What is this about?
Lok Adalat conciliators disposed of a motor vehicle appeal filed under Section 173(1) of the Motor Vehicles Act. After negotiations, parties settled with the insurance company agreeing to pay an additional Rs. 1,50,000 with interest.
What did the court decide?
Parties settled; Insurance company to pay additional Rs. 1,50,000 plus 9% interest on default; Tribunal award modified.