Padmakumary v. M/S. New India Assurance Co. Ltd.
Case brief
What is this about?
Motor accident claims appeal by the family of Prathapachandran Pillai, who died in a road accident, against a Tribunal award of Rs.19,04,400/- in compensation. Following a joint settlement memo dated 29.01.2024 with the respondent insurance company, the appeal was disposed of, granting an additional Rs.8,32,000/- inclusive of interest in full and final satisfaction.
What did the court decide?
Additional compensation of Rs.8,32,000/- (inclusive of interest) granted to the appellant; deposit within two months, else interest at 8% per annum from default.