N. Thippeswamy v. Kesani Murali Naidu
Case brief
What is this about?
Motor accident compensation enhancement appeal settled by conciliation before Lok Adalat. Insurance company agreed to pay Rs.1,55,000 additionally, to be deposited within six weeks failing which interest at 9% p.a. applies.
What did the court decide?
Enhanced compensation of Rs.1,55,000 payable by insurer within six weeks, else 9% p.a. interest from date of default till deposit.