Smt.P.Aruna and 3 Ors. v. K.Ramulu and Anr.
Case brief
What is this about?
The Lok Adalat constituted under the Legal Services Authorities Act settled the appellant's appeal against an insurance company judgment on a monetary claim. The Tribunal's award of Rs. 8,66,700 was validated, with the company agreeing to an additional deposit of Rs. 18,00,000 for a final settlement within one month, failing which higher interest would apply. The matter was disposed of based on th
What did the court decide?
The lower court award of Rs. 8,66,700 with interest at 7.5% p.a. was certified; the insurance company was directed to deposit an additional Rs. 18,00,000 within one month, failing which interest at 12