The Branch Manager v. P.Rasumuthu ( died) 1. Ponnazhagi
Case brief
What is this about?
National Lok Adalat awarded settlement between United India Insurance Company and death claimants. Parties settled for Rs. 27.58 Lakhs plus interest, reducing the Tribunal's earlier award of Rs. 38.55 Lakhs. Appellant directed to deposit settlement amount.
What did the court decide?
Appellant directed to deposit Rs.27,58,536+ 7.5% interest to M.C.O.P.No.69 of 2016 within six weeks; other aspects of award unaltered.