Bharti Axa General Ins. Co. Ltd. v. Dinesh and Ors.
Case brief
What is this about?
Motor accident compensation appeal disposed on Lok Adalat compromise; modification of MACT award; lumpsum full and final settlement; default interest 7.5% p.a. on delayed deposit; Bharti Axa General Insurance Co. Ltd. v. Dinesh; MAC Case No.131/2011, MACT Rajsamand; S.B. Civil Misc. Appeal No. 1156/2016; Rajasthan High Court, Jodhpur; Rekha Borana, J.; order dated 08/01/2025.
What did the court decide?
Appeal disposed of: impugned award modified; Insurance Company to pay lumpsum Rs.2,60,000/- to claimants as full and final settlement in addition to the amount already paid, to be deposited with the Tribunal within two months (failing which interest @7.5% per annum till realisation); disbursement in claimants' savings bank accounts; record to be sent back forthwith; pending applications, if any, disposed of. ¶¶22