United India Insurance Co. Ltd., v. S.K. Dastagir
Case brief
What is this about?
The Hon'ble Court allowed the second appeal where a memorandum of compromise was filed voluntarily by both parties. The court recorded the compromise, permitting the claimant to receive the deposit amount excluding an agreed waiver of Rs. 44,000/-.
What did the court decide?
The appeal was allowed in terms of the recorded compromise. The claimant is permitted to receive the entire amount in deposit, excluding Rs. 44,000/- foregone by agreement.