Ananda v. Manjunatha C
Case brief
What is this about?
The Lok Adalat disposed of an appeal filed against a Motor Vehicle Accident claim award. Through negotiations, the insurance company and the claimant reached an out-of-court settlement. The Respondent-Insurance Company agreed to pay an enhanced lump sum of Rs. 95,000/- over the original award, with interest provisions for delay, in full and final settlement.
What did the court decide?
Settlement reached: Respondent-Insurance Company to pay Rs. 95,000/- in addition to Tribunal award as enhanced compensation with interest provisions for delay in settlement.