Bajaj Allianz General Insurance Company Ltd., v. P.Venkaatamma and 2 Others
Case brief
What is this about?
High Court allowed appellant Bajaj Allianz to withdraw Motor Accident Civil Miscellaneous Appeal pending before it after the matter was settled through Lok Adalat and the appellant offered to deposit the decreed compensatory amount.
What did the court decide?
Appellant permitted to withdraw the appeal; Insurance Company to deposit remaining decreed amount with accrued interest within 30 days.