The Manager, Icici Lombard Insurance Co. Ltd. v. Anjum Shafiq Shaikh and Otehrs
Case brief
What is this about?
National Lok Adalat award; High Court of Bombay Bench at Aurangabad; organised under section 19, Legal Services Authorities Act, 1987; First Appeal No. 3321 of 2025; First Appeal No. 2593 of 2024; appellants/claimants Anjuman Shafiq Shaikh & another; respondents Krushna Ravindra Veer & others; Insurance Company; advocates A.A. Nimbalkar and Abhijit Chaudhari; compromise terms marked 'X'; additional compensation Rs. 10,33,130; deposit within 45 days; full and final settlement; undertaking; withdrawal of already-deposited amount with accrued interest without reference to Court; deficit court fees condition precedent; statutory amount withdrawal with interest; refund of court fees as per Rules; panel Vaishali Patil-Jadhav (Head of Panel), S.G. Shete (Retired District Judge), Adv. A.M. Phule (Member); date 09.05.2026; both appeals disposed of in terms of settlement.
What did the court decide?
Both First Appeals (FA No. 3321 of 2025 and FA No. 2593 of 2024) disposed of in terms of compromise settlement X: the Insurance Company to deposit additional compensation of Rs.10,33,130 within 45 days (treated as an undertaking); claimants permitted, on that deposit, to withdraw the amount already deposited in Court with accrued interest plus the additional amount, without reference to the Court, subject to payment of deficit court fees, if any, as condition precedent; Insurance Company permitted to withdraw the statutory amount with interest, if any; court fees paid by any party to be refunded as per Rules.