The New India Assurance Co. Ltd. v. Shyam Sunder Garg & Ors.
Case brief
What is this about?
Delhi High Court National Lok Adalat order dated 09.05.2026 disposing of MAC.APP.-856/2015; appellant The New India Assurance Co Ltd withdrew its appeal for reduction of the MACT award dated 22.09.2015 of Rs. 19,27,008/- with interest @ 9% p.a.; respondents Shyam Sunder Garg & Ors; balance deposit released to claimants per proportions in the Award, statutory amount refunded to insurer; bench: Justice Vimal Kumar Yadav (Presiding Officer) and K. Venkatraman (Co-Member); no issues adjudicated, no holdings.
What did the court decide?
Appeal withdrawn and disposed of; balance deposited amount, if any, to be released to the respondent claimants as per the proportions detailed in the Award subject to compliance of all the requisite formalities; statutory amount with interest, if any, to be refunded to the Insurance Company; copy of order to be sent to the concerned learned Tribunal with LCR, if already received.