National Insurance Co.Ltd., Salem v. Mariappan
Case brief
What is this about?
This Lok Adalat order settles Motor Accident Claims Appeal CMA No.1601 of 2017 between National Insurance Company Ltd. and four claimants. The court records a compromise settling the claim for Rs.8,25,000 plus interest, directing the insurer to deposit the amount and allowing withdrawal of shares.
What did the court decide?
The Insurance Company was directed to deposit the modified award of Rs.8,25,000 with interest and costs within four weeks. Claimants were directed to withdraw their respective shares upon deposit.