Rangaswamy v. Fairoz Pasha
Case brief
What is this about?
National Lok Adalat in Karnataka conciliated an MFA No. 1595/2023 regarding motor vehicle accident compensation. The insurance company agreed to pay Rs. 1,50,000 as lump sum settlement, with interest at 9% p.a. if not deposited within six weeks.
What did the court decide?
Agreement to pay Rs. 1,50,000 by respondent to appellant as full final settlement with interest at 9% p.a. on default.