The Managing Director, Tnstc., Ltd., Villupuram v. Vijaya Baskar
Case brief
What is this about?
The High Court Lok Adalat mediated a settlement in two appeals regarding a modified motor accident compensation claim of Rs. 14,50,000. The Transport Corporation and Insurance Company agreed to settle by depositing shares of the amount, permitting the claimant to withdraw soon thereafter, and disposing of the appeals by consent.
What did the court decide?
Compensation settled at Rs. 14,50,000; appellants to deposit 50% each of modified award within eight weeks or pay full amount with interest. Appeals disposed of by consent.