Omprakash v. the Oriental Ins.Co.Ltd. and Ors.
Case brief
What is this about?
National Lok Adalat, Jodhpur settled a dispute between Om Prakash and OIC Ltd. for an additional Rs. 40,000/dis:omposed on a payment schedule with 9% annual interest for default.
What did the court decide?
Settlement for additional Rs. 40,000 within eight weeks; default attracts 9% p.a. interest.