Oriental Insurance Company Ltd.Thr.Senior Divisional Manager v. Comm. and Secretary Board of Revenue U.P.Lko. and Ors.
Case brief
What is this about?
Excessive penalty in Permanent Lok Adalat award against Oriental Insurance Company reduced from Rs.1,50,000/- to Rs.75,000/-, following the Court's earlier order in Writ C No. 15686 of 2017 dated 26.08.2022; balance of award (principal Rs.One Lac, total Rs.2,50,000/-, 9% per annum interest, Rs.5,000/- cost) left intact; deposit remitted to Permanent Lok Adalat within six weeks with accrued interest; writ petition disposed of. Matters Under Article 227 No. 32011 of 2018; Allahabad High Court, Lucknow Bench; Pankaj Bhatia, J.; decided 15.10.2024; Neutral Citation 2024:AHC-LKO:69386.
What did the court decide?
Writ petition disposed of; award modified so that the penalty stands reduced from Rs.1,50,000/- to Rs.75,000/- with the remaining directions of the award intact; deposit remitted to the Permanent Lok Adalat with accrued interest for payment to the respondent.