National Insurance Co. Ltd. v. Kailash Chand and Ors.
Case brief
What is this about?
The Division Bench disposed of the application regarding the settlement of a claim under the 1988 Act. The court upheld the lower court's decision to adjust the claim amount by 21% on the basis of settled ratios and awarded interest.
What did the court decide?
The Court upheld the lower court's decision regarding the adjustment of the claim by 21% and the award of interest on the settled amount.