Jayanti Patnaik v. Nic Ltd.
Case brief
What is this about?
Odisha High Court (Cuttack) disposes of W.P.(C) No.4673 of 2013 (Jayanti Patnaik & others v. National Insurance Company Ltd., Khurda & another; counsel: Ms. D. Mohapatra / Mr. N. C. Mishra) on 21.08.2024 pursuant to joint settlement application I.A. No.10486 of 2024: insurer to pay Rs.1,00,000/- as full-and-final settlement of the claim arising out of M.A.C. No.106 of 1994 (M.A.C. No.372/1993-GDC), apportioned Rs.50,000/- to Petitioner No.1 and Rs.25,000/- each to Petitioner Nos.2 & 3, by online transfer within 15 days of furnishing bank details; pending certificate proceeding in CC Case No.487 of 2005 to be treated as dropped on payment. Settlement/enforcement case; no statutes or precedents cited.
What did the court decide?
Settlement enforced: Opposite Party No.1 (National Insurance Company Ltd.) to pay Rs.1,00,000/- as full and final settlement of the claim arising out of M.A.C. No.106 of 1994 (M.A.C. No.372/1993-GDC) — Rs.50,000/- to Petitioner No.1 and Rs.25,000/- each to Petitioner Nos.2 & 3 by online transfer within 15 days of furnishing bank details; on payment, the pending certificate proceeding in CC Case No.487 of 2005 to be treated as dropped.