The New India Assurance Co. Ltd. v. Suriya, W/O.Veeraiyan
Case brief
What is this about?
National Lok Adalat award recorded where insurance company and claimants settled for 13 lakks against deposited 19.84 lakks. Award reduced, deposit withdrawal permitted, name error noted for tribunal rectification, and court fees refund ordered.
What did the court decide?
Settlement of 13,00,000/- recorded; appellant to withdraw excess deposited amount; name error to be rectified by Tribunal; court fees refunded.