Disposed
Legal Manager(T.P.Cell),M/S.New India Assurance Co. Ltd., D.O I v. Jyotirmaya Sahoo
Orissa HCFAO/109/2023
Case brief
AI extract
What is this about?
This matter was placed in the National Lok Adalat. Parties agreed to reduce the awarded amount to Rs.7,25,000. The court directed the Commissioner to release the consolidated sum to the claimant and refund the balance to the insurer. The penalty and default interest were waived. The appeal was disposed of.
What did the court decide?
Release of consolidated amount Rs.7,25,000 and accrued interest to the claimant; refund of balance and accrued interest to the appellant; waiver of penalty and default interest.