K.C.Karthyayani v. Satheesh
Case brief
What is this about?
Sections 161 to 166 of the Negotiable Instruments Act, 1881 were not applied as the judgment is a Motor Accident Claims Appeal. The court disposed of the appeal based on a joint compromise memo filed by the parties, directing the respondent Insurance Company to pay a settled amount of Rs.1,30,000/- inclusive of interest and cost within one month.
What did the court decide?
Directed the Insurance Company to pay Rs.1,30,000/- inclusive of interest and cost within one month as full and final settlement.