Aliyas v. New India Assurance Company Ltd.
Case brief
What is this about?
This was a Motor Accidents Claims Appeal. During the pendency of the appeal before the High Court, the parties reached an amicable settlement where the respondent insurer agreed to pay an additional compensation of Rs. 1,00,000/- plus interest in full and final settlement, effective only upon delivery of this judgment.
What did the court decide?
Respondent directed to pay Rs. 1,00,000/- as additional compensation in full and final settlement within two months of the receipt of the certified copy of the judgment, liable to interest at 9% per a