Ulagaanathan Karuppaiah v. The New India Insurance Company Ltd.
Case brief
What is this about?
M.F.A.No.5656/2022 (MV) (Lok Adalat No.6278/2025), High Court of Karnataka, Bengaluru, National Lok Adalat order dated 12.07.2025; claimant Ulagaanathan Karuppaiah v. The New India Insurance Company Ltd. and Aditya Industries; S.173(1) MV Act enhancement appeal against MACT award dated 01.04.2021 in MVC No.1611/2017; settled by joint memo for additional lump-sum Rs.2,00,000/- over Tribunal award; 9% p.a. default interest if deposit delayed beyond six weeks; appeal disposed, Tribunal award modified.
What did the court decide?
By consent: Respondent No.1 (Insurance Company) to pay the appellant/claimant a lump-sum of Rs.2,00,000/- in addition to the Tribunal award in full and final settlement; deposit before the Tribunal within six weeks of preparation of the award, failing which 9% p.a. interest from date of default till deposit; entire enhanced amount to be released to the claimant on proper identification.