Icici Lombard General Ins. Co.Ltd. v. Smt. Sushila and Ors.
Case brief
What is this about?
This judgment disposes of a s.c.I appeal filed by an insurance company against a MACT award. Upon confirmation of a mutual settlement of Rs. 11,75,000/-, the High Court modified the impugned award and directed the appellant to deposit the agreed amount with the Tribunal.
What did the court decide?
Appellant directed to pay Rs. 11,75,000/- as full and final settlement; impugned award modified and stay application disposed of.