Sri Srinivas v. Sri Krishnamurthy
Case brief
What is this about?
The Lok Adalat of the Karnataka High Court disposed of a Motor Vehicles First Appeal by recording a settlement. The Insurance Company agreed to pay an additional lump sum to the claimants in full and final settlement, with the Tribunal order to be modified accordingly.
What did the court decide?
Joint memo settling for extra Rs. 7,10,000; Tribunal award modified to reflect same; future suit barred.