Sri. N. Venugopal v. Sri. Mohammed Abubakar
Case brief
What is this about?
M.F.A. 3291/2017 (MV); Lok Adalat No. 450/2024; motor accident claim; enhancement of compensation; MVC No.7186/2006, MACT Bengaluru (SCCH-11); award dated 03.12.2015; N. Venugopal v. Mohammed Abubakar Mamdi and New India Assurance Co. Ltd.; settlement of Rs.40,000/- additional lump sum; 9% p.a. interest on delayed deposit; appeal disposed of, Tribunal award modified.
What did the court decide?
Enhanced compensation of Rs.40,000/- over the Tribunal award, payable by respondent No.2 (New India Assurance Co. Ltd.), to be deposited before the Tribunal within six weeks of preparation of the award (failing which 9% p.a. interest from the date of default) and released to the appellant/claimant on proper identification. ¶31