The Court allowed an additional settlement sum of 2,25,000/- in a daily Lok Adalat under 505 FAO No.1777 of 2014 to finalize the appellant's claim against the insured and insurer, with time for payment by the insurance company.
Allowed additional amount of 2,25,000/- as full and final settlement; 9% interest if not deposited within two months.
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DAILY LOK ADALAT
BENCH NO.3
505 FAO NO.1777 OF 2014 BHOOP SINGH V/S SATYAWAN & ORS.
Present: Mr. Sandeep Goyat, Advocate For the appellant.
Mr. Vinod Gupta, Advocate With Ms. Alka Joshi, Advocate For the Ins. Co.
As agreed, as per statements of the learned counsel for the appellant as well as counsel for the Insurance Company, separately recorded, a sum of `2,25,000/- (Rupees Two Lac Twenty Five Thousand Only) over and above the amount already awarded by the Tribunal is allowed to the appellant in full and final settlement of the claim. Two months’ time is allowed to the Insurance Company to deposit the amount with the MACT, Hisar , failing which, interest at the rate of 9% per annum shall follow on this amount till payment from the date of this order. The enhanced amount be paid to the appellant-Bhoop Singh through account payee’s cheque or be deposited in his Bank Account.
The appeal is disposed of accordingly.
Copy of this order be supplied to the counsel for parties.
(G.C. GARG) PRESIDENT
(N.K. KAPOOR) MEMBER
September 01, 2016 Naina Rajput
NAINA KATHIAT 2016.09.02 15:50 I attest to the accuracy and integrity of this document
BHOOP SINGH
SATYAWAN & ORS.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
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