National Ins. Co. Ltd. v. Surender Kumar @ Bunty & Ors.
Case brief
What is this about?
National Ins. Co. Ltd. vs Surender Kumar @ Bunty & Ors., MAC.APP.-1048/2014 & CM APPL. 18891/2014, Delhi High Court Pre Sitting Lok Adalat (Justice Shail Jain, Presiding Officer, with K. Venkatraman, Advocate, Co-Member), order dated 13.09.2025. Settlement disposal of insurer's appeal for reduction of MACT award dated 12.09.2014 (compensation Rs. 10,21,295/- plus interest @ 7.5% p.a.); refund of Rs. 1,20,000/- to insurer from deposited amount; balance deposit with total interest released to claimant No. 1; statutory amount with interest refundable to insurer; no statutes or precedents discussed.
What did the court decide?
Appeal and pending applications disposed of in terms of settlement: Rs. 1,20,000/- refunded to the appellant insurance company out of the deposited amount; balance deposited amount along with total interest released to Respondent No. 1 in terms of the Tribunal award; appellant entitled to refund of statutory amount along with interest, if any.