SBI General Insurance Co. Ltd. v. I.Rasheetha
Case brief
What is this about?
The High Court disposed of a civil miscellaneous appeal filed by an insurance company against a Motor Accidents Claims Tribunal award. Both parties filed a Joint Memo agreeing to a settlement of Rs.19 lakh. The Court recorded the settlement, ordered refund of portions and court fee, and closed the appeal.
What did the court decide?
The appeal disposed of based on settlement of Rs.19,00,000; order for return of excess deposit and refund of court fee; settlement terms recorded as part of decree.