Insurance company appealed a Tribunal award of compensation and sought reduction; at National Lok Adalat it withdrew the appeal. Deposited amount with interest was directed to be released to the claimants, statutory amount refunded to insurer, appeal disposed.
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* IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT
BHARTI AXA GENERAL INSURANCE COMPANY LTD
.....Appellant
Through: Ms. Suman Bagga, Adv.
versus
SARITA GUPTA & ORS .....Respondents
Through:
CORAM: NATIONAL LOK ADALAT HON’BLE MR. JUSTICE DHARMESH SHARMA MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER)
O R D E R % 14.12.2024
Appellant/Insurance Company has filed an appeal for reduction of the awarded amount of compensation vide judgment dated 09.10.2013 passed by the learned Tribunal to the tune of Rs. 18,02,173/- along with interest @ 9% p.a. w.e.f. filing of Claim Petition in favour of respondent/claimant(s).
On appeal being admitted to hearing, the Insurance Company has deposited the entire awarded amount along with interest before the Registrar General, Delhi High Court in terms of order dated 31.01.2014 passed by the learned Appellate Court.
After due deliberations, learned counsel for the appellant has instructions to withdraw the appeal.
In view of the submissions of the learned counsel for the appellant, the balance amount lying deposited with the Registrar General of this Court with interest, if any, if not released, be released
This is a digitally signed order.
The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/12/2024 at 12:50:42
in favour of the respondents/claimants in terms of the award of the Tribunal.
As requested by the learned Counsel for the Insurance Company, the statutory amount with interest, if any, be refunded to the Insurance Company. Legal rights of the respondent/claimant(s) shall stand protected.
The present appeal alongwith the pending application(s), if any, is disposed of with directions in terms of the foregoing settlement.
Let a copy of the order be sent to the respondent/claimant(s) as well as their counsel for information.
(DHARMESH SHARMA) PRESIDING OFFICER
K. VENKATRAMAN CO-MEMBER
DECEMBER 14, 2024/gunn
This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/12/2024 at 12:50:42
Bharti Axa General Insurance Company Ltd
Sarita Gupta & Ors
Dharmesh Sharma
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
