National Insurance Co. Ltd. v. Ranjitha
Case brief
What is this about?
The National Lok Adalat settled a Civil Miscellaneous Appeal filed by National Insurance Co.Ltd. against an MACT award. Parties mutually agreed to reduce the compensation from Rs.33,00,000/- to Rs.29,00,000/- with proportionate interest. The appeal was disposed of according to this compromise.
What did the court decide?
The appeal is disposed of; compensation amount modified to Rs.29,00,000/- with interest; appellant directed to deposit balance within six weeks.