Daily Lok Adalat order allowing Rupees 3 Lakhs as full final settlement to appellants in an insurance claim appeal, with payment deadline and interest clause.
Allowed additional sum of Rs. 3,00,000 as full final settlement with two months time for deposit and interest at 9% p.a.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
DAILY LOK ADALAT
BENCH NO.3
503 FAO NO.2390 OF 2014 RAJWINDER KAUR & ORS. V/S NAWAB ALI & ORS.
Present: Mr. Sudesh Shahi, Advocate For the appellants.
Mr. Vinod Gupta, Advocate And Mr. Ravinder Arora, Advocate With Mr. Tarsem Chand, Manager New India Ass. Co.
As agreed, as per statements of learned counsel for the appellants as well as counsel for the Insurance Company, separately recorded, a sum of `3,00,000/- (Rupees Three Lac Only) over and above the amount already awarded by the Tribunal is allowed to the appellants in full and final settlement of their claim. Two months’ time is allowed to the Insurance Company to deposit the amount with the MACT, Fatehgarh Sahib, failing which, interest at the rate of 9% per annum shall follow on this amount till payment from the date of this order. As desired by the appellants, the enhanced amount be paid to appellant No.1-Rajwinder Kaur through account payee’s cheque or be deposited in her 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
August 11, 2016 Naina Rajput
Rajwinder Kaur & Ors.
Nawab Ali & Ors.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
