Daily Lok Adalat Bench allowed an enhancement of `5,10,000/-` in full and final settlement of the appellants' insurance claim, to be paid within two months.
Enhancement of `5,10,000/-` allowed in full and final settlement; two months to deposit with MACT, else 9% interest.
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DAILY LOK ADALAT
BENCH NO.3
505 FAO NO.2465 OF 2015 BALVIR KAUR AND ANR. V/S MANJIT SINGH AND ORS.
Present: Mr. Vikram Preet Arora, Advocate For the appellants.
Mr. Lalit Garg, Advocate And Mr. Pardeep Goyal, Advocate With Mr. JS Khera, Manager United Ins. 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 `5,10,000/- (Rupees Five Lac Ten Thousand 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-Balvir 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 16, 2016 Naina Rajput
Balvir Kaur and Anr.
Manjit Singh and Ors.
GC GARG
NK KAPoor
As recorded by the court registry
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