Jayalaxmi v. Deepak K a
Case brief
What is this about?
The High Court Legal Services Committee, Bengaluru, constituted a Lok Adalat to conciliate M.F.A. No. 7742/2022. After prolonged negotiations, the parties executed a joint memo settling the claim for a lump-sum of Rs. 22,70,000 with interest provisions. The appellate proceedings stood disposed of based on this settlement.
What did the court decide?
The appeal was disposed of as settled; the Insurance Company agreed to pay a lump sum of Rs. 22,70,000 with interest; the Tribunal Award was modified accordingly.