S.B.Badrinath v. Ajay H.R.
Case brief
What is this about?
In the High Court of Karnataka at Bengaluru, the National Lok Adalat settled a motor accident first appeal between S.B. Badrinath and National Insurance Company Ltd. A lump sum of Rs. 1,00,000 was agreed upon as enhanced compensation, to be deposited with interest at 9% per annum if not paid within six weeks. The appeal was disposed of based on the joint settlement memo.
What did the court decide?
Agreement to pay an additional lump sum of Rs. 1,00,000 as enhanced compensation with 9% interest on default; award modified.