Bajaj Allianz G.I.Co.Ltd. v. Rajeswari Barik
Case brief
What is this about?
Settling claim petition before Micro Level E-Lok Adalat during COVID-19 lockdown, reducing awarded amount from Rs. 17,64,000 to Rs. 12,04,000 with 7% interest, directing insurer deposit and disbursement to claimants within six weeks while exempting court fee, dismissing further proceedings.
What did the court decide?
Modified awarded amount to Rs. 12,04,000 with 7% interest payable within six weeks; insurer to deposit and disburse shares to claimants.