The Divl. Manager, New India Assurance Co. Ltd. v. Muralidhar Rana
Case brief
What is this about?
In two mediation applications arising from an insurance claim, the National Lok Adalat approved a consolidated settlement amount of Rs. 15.45 lakhs to replace the awarded dues. The court directed the insurance company appellant to deposit this consolidated sum, after which the tribunal must resettle the amount in favor of the claimant.
What did the court decide?
Appellant to deposit consolidated settlement amount of Rs. 15.45 lakhs within two months; upon proof, statutory deposits refunded; both VPNs disposed of.