The Oriental Insurance Company Limited, v. Sujithra
Case brief
What is this about?
A National Lok Adalat award passed in CMA(MD) No.114 of 2021 settling an insurance dispute between The Oriental Insurance Company and claimants. The Insurance Company agreed to deposit Rs.68,40,000/- with interest and cost within eight weeks for distribution among the respondents.
What did the court decide?
The Appellant directed to deposit Rs.68,40,000/- with interest and cost within eight weeks; Respondents permitted to withdraw amounts upon receipt.