Nagaveni v. Icici Lombard General Insurance Co. Ltd.
Case brief
What is this about?
Lok Adalat recorded a joint settlement memo enhancing compensation for a motor accident claimant. The insurance company agreed to an additional payment with interest upon default, disposing of the appeal and modifying the tribunal award.
What did the court decide?
Agreement to pay Rs. 30,000 additional compensation with 9% interest on default; tribunal award modified.