M/S.Oriental Insurance v. Vijila
Case brief
What is this about?
Insurance company appealed against a motor accident compensation award, contending the deceased pillion rider was not covered under an Act Policy. During appeal, parties entered into a compromise for Rs.10 lakh as full quit; demand drafts were paid to the claimants and the appeal was disposed of in terms of the compromise.
What did the court decide?
Appeal disposed in terms of Compromise Memo dated 05.07.2024; Rs.10,00,000 paid to claimants as full quit; no costs; connected MP closed.