The Branch Manager v. Lakshmi
Case brief
What is this about?
The National Lok Adalat settled a Motor Accidents Claims Appeal where the insurer challenged the quantum of an award. The parties agreed to a reduced settlement of Rs. 18 Lakhs with interest, bypassing the need for a formal permission petition.
What did the court decide?
Insurance company directed to deposit Rs. 18,00,000 plus 7.5% interest to be shared among respondents within 8 weeks.