Radhakrishnan v. Kamaraj
Case brief
What is this about?
This judgment disposes of a Motor Accidents Claims Appeal. The Court recorded a settlement agreed upon by parties to the dispute arising from an earlier approval by the Motor Accidents Claims Tribunal. The Court modified the previous award by granting an additional settlement amount to the appellants from the insurance company within a stipulated period, subject to interest for delay.
What did the court decide?
Award modified; Insurer directed to deposit Rs.6,75,000/- (plus interest) within two months, failing which 8% p.a. interest applies from date of default.