U.S. Kavin (Minor) Rep by His v. the New India Insurance Co. Ltd. Chennai
Case brief
What is this about?
A National Lok Adalat settled a Motor Accident Claim appeal between a minor child and an insurance company. The dispute involved a tribunal award versus a higher claim. Parties compromised on a lump sum deposit.
What did the court decide?
Insurance Company to deposit Rs. 1,00,000/- in National Bank FD for minor appellant within six weeks; Appellant may withdraw principal for settlement purposes without further petition.