Sri. Anbalagan v. the Manager
Case brief
What is this about?
A miscellaneous first appeal under the Motor Vehicles Act was settled through conciliation in a Lok Adalat. The insurance company agreed to pay an enhanced lump-sum compensation of Rs. 1,75,000 along with interest on default, modifying the original tribunal award.
What did the court decide?
Agreement for payment of enhanced compensation of Rs. 1,75,000 plus interest at 9% p.a. on default if not deposited within six weeks.