National Insurance Company Ltd. Throu.Divisional Manager Lko. v. Pawan Kumar and Ors.
Case brief
What is this about?
FAO 247 of 2019; National Lok Adalat; High Court of Judicature at Allahabad, Lucknow Bench; National Insurance Company Ltd; Pawan Kumar & Ors.; compromise award; full and final satisfaction; Rs. 5,50,000/-; interest on deposited amount; MACT Bank account; remittance to Tribunal below; Subhash Vidyarthi, J.; Shikha Srivastava, Adv.; order dated 8.3.2025; appeal disposed of.
What did the court decide?
Compromise settlement agreed before the National Lok Adalat: respondent nos. 1, 2 & 3 to receive Rs. 5,50,000/- from the appellant as full and final satisfaction of their claim; appellant to make the compromised award good before the Tribunal below within 60 days of receipt of a copy of the order; respondents additionally entitled to the entire interest of the MACT Bank account, as per Rule, on any court-deposited amount; appeal disposed of and any deposit in this Court remitted to the Tribunal below.