Dismissed

M/S Icici Lombard General Insurance Co. Ltd. v. Babita Yadav & Ors.

Delhi HC9 Mar 2024MAC.APP./1020/2018

Case brief

AI extract

What is this about?

Appeal against a National Lok Adalat award dismissing on withdrawal of appeal after appellant deposited the awarded compensation amount. Court permitted withdrawal and directed refund of statutory amount to appellant and release of awarded funds to respondent.

What did the court decide?

Withdrawal of appeal allowed. Released awarded amount to respondent; refunded statutory amount with interest to appellant

M/S Icici Lombard General Insurance Co. Ltd. Vs Babita Yadav & Ors. — Insurance | Delhi HC (2024)

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$~20

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IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT

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- MAC.APP. 1020/2018

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M/S ICICI LOMBARD GENERAL INSURANCE CO LTD

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..... Appellant Through: Ms. Suman Bagga, Advocate.

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versus

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BABITA YADAV & ORS.

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..... Respondents Through: Mr. Roop Ram Serwal, Advocate.

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CORAM:

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DR. SUDHIR KUMAR JAIN, PRESIDING OFFICER MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER)

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O R D E R

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% 09.03.2024

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Appellant insurance company has filed an appeal for reduction of the award dated 10.08.2018 passed by the Learned MACT awarding compensation of Rs. 4,10,000/- along with interest @ 9% p.a. from the date of filing of petition till realization. On appeal, the insurance company deposited the entire awarded amount along with the up to date interest accrued thereon before the Registrar General of this Hon’ble Court in terms of the order dated 20.11.2018 and amount so deposited was directed to be converted in to annual FDRs with automatic renewal.

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Learned counsel for the appellant has instruction to withdraw the present appeal and learned counsel for the respondent claimant has no objection to the said withdrawal.

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Learned Counsel for the Insurance Company also submits that

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This is a digitally signed order.

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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 15/03/2024 at 12:45:31

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the statutory amount with interest, if any, may be refunded to the Insurance Company.

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Ld counsel for the respondent has submitted that awarded amount lying deposited may also be released to the respondent/claimant (s).

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In view of the settlement arrived at between the parties, the un-released awarded amount be released to the respondent (s)/claimant in terms of the award of the tribunal.

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The statutory amount with interest, if any be refunded to the Insurance Company.

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The present appeal along with the pending application(s), if any, is disposed of with directions in terms of the foregoing settlement.

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A copy of this order be sent to concerned Ld. Tribunal with LCR, if requisitioned and received.

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DR. SUDHIR KUMAR JAIN, J

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K. VENKATRAMAN, CO-MEMBER

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MARCH 09, 2024 sk

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This is a digitally signed order.

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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 15/03/2024 at 12:45:31

M/S Icici Lombard General Insurance Co. Ltd. v. Babita Yadav & Ors.

Case brief

What is this about?

What did the court decide?

M/S Icici Lombard General Insurance Co. Ltd. v. Babita Yadav & Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Coram

Case details

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