Mr. D. R. Lokesh v. M/S New India Assurance Co. Ltd.
Case brief
What is this about?
Motor accident claimant's appeal seeking enhancement of compensation was settled before the Lok Adalat. The insurance company agreed to pay Rs. 1,85,000/- over the Tribunal award, depositable within six weeks, failing which interest at 9% p.a. applies.
What did the court decide?
Enhanced compensation of Rs. 1,85,000/- payable by insurer to appellant-claimant, in addition to Tribunal award, per joint memo.