United India Insurance Company Limited v. Janadevi
Case brief
What is this about?
The Kerala High Court disposed of an insurance appeal against a Motor Accident Claims Tribunal award. The court recorded a settlement between the insurer and claimants for Rs.10,69,034/- (reduced from the awarded amount) plus interest, directing the insurer to deposit the sum within 60 days.
What did the court decide?
Compromise recorded; insurer directed to pay Rs.10,69,034/- with 7.5% interest within 60 days; default carries 12% interest.