In an appeal against a Motor Accident Claims Tribunal award, parties settled. The Insurance Company was directed to deposit an additional Rs.1,60,000 as full and final compensation.
Enhanced compensation of Rs. 1,60,000 to be deposited by respondent within six weeks; interest of 9% p.a. on delay.
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MANHARAN DAS AND ORS
..... Appellants Through: Mr. Manish Maini, Advocate.
versus
THE ORIENTAL INSURANCE COMPANY LIMITED AND ORS
..... Respondents Through: Mr. Ravi Sabharwal Advocate.
CORAM:
DR. SUDHIR KUMAR JAIN, PRESIDING OFFICER MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER)
Appellant has filed an appeal for enhancement of the award
dated 25.09.2023 passed by the learned MACT awarding compensation of Rs.5,00,000/- along with interest @ 7.5% from the date of filing of the claim petition.
After comprehensive discussion, it is agreed between the parties that the appellant(s) shall get enhanced amount of Rs.1,60,000/- (Rupees one Lakh and Sixty Thousand Only) as lump sum compensation over and above the award of the learned Tribunal as full and final compensation. Learned Counsel for the parties have submitted that the matter be listed before National Lok Adalat on
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 15/03/2024 at 12:45:30
09.03.2024.
In view of the settlement arrived between the parties, the insurance company is directed to deposit the enhanced amount of Rs.1,60,000/- before the Registrar General of this Court within a period of 06 weeks failing which it shall be liable to pay interest @ 9% p.a. on the delayed deposit. The said enhanced amount be directed to be released to the appellant(s) in equal proportions subject to fulfilment of all the requested formalities.
The present appeal along with the pending application(s), if any, is disposed of with directions in terms of the foregoing settlement.
A copy of this order be sent to concerned Ld. Tribunal with LCR, if requisitioned and received.
DR. SUDHIR KUMAR JAIN, J
K. VENKATRAMAN, CO-MEMBER
MARCH 09, 2024 sk
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 15/03/2024 at 12:45:30
MANHARAN DAS AND ORS
THE ORIENTAL INSURANCE COMPANY LIMITED AND ORS
DR. SUDHIR KUMAR JAIN
K. VENKATRAMAN
As recorded by the court registry
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