DAILY LOK ADALAT order disposing of an insurance appeal by allowing an enhanced settlement sum of Rs. 1,95,000 over the Tribunal's award within two months, imposing 9% interest for default.
Allowed a sum of Rs. 1,95,000 as full and final settlement, payable within two months.
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BENCH NO.3
DAILY LOK ADALAT
521 FAO-1828-2016 JASHANDEEP SINGH V/S HAPPY AND ORS.
Present: Ms. Himani Kapila, Advocate And Mr. Rajesh Kapila, Advocate For the appellant.
Mr. Vinod Gupta, Advocate With Mr. Tarsem Chand, Manager 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 `1,95,000/- (Rupees One Lac and Ninety 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, Gurdaspur, 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-Jashandeep 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
October 06, 2016
Naina Rajput
NAINA KATHIAT 2016.10.07 15:01 I attest to the accuracy and integrity of this document
JASHANDEEP SINGH
HAPPY AND ORS.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
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