The Managing Director v. Nageshwari
Case brief
What is this about?
A National Lok Adalat settled a motor accident claim dispute between the Metropolitan Transport Corporation and two claimants. The parties agreed to a lump sum payment alongside accrued interest to resolve the appeal against the Tribunal's decision.
What did the court decide?
Settlement for Rs. 31,10,000 as full quit; balance to be deposited within 12 weeks; cross-objection allowed by operation of law; court fees refundable.