Smt. Rekha v. the Managing Director
Case brief
What is this about?
In a miscellaneous first appeal under MV Act filed against a Claims Tribunal award, parties reached a settlement at the Mega Lok Adalat. Insurance company agreed to pay Rs.4 Lakhs extra with interest on default, disposing the appeal by modifying the tribunal award.
What did the court decide?
Respondent to pay extra Rs.4,00,000 plus 9% interest on default; Tribunal judgment modified to reflect settlement.