Allowed
Smt. Pushpa Bai and Ors. v. Oriental Ins. Co. Ltd. and Ors.
Rajasthan HCCMA/562/2016
Case brief
AI extract
What is this about?
Lok Adalat resolved a dispute between Smt. Pushpa Bai and OIC Ltd. The parties settled for an additional Rs. 4,00,000 over the award amount, payable within eight weeks with 9% interest if delayed. The appeal was disposed of via this settlement.
What did the court decide?
Settlement for additional Rs. 4,00,000; payment within eight weeks attracts 9% p.a. interest default.