Daily Lok Adalat order allowing an enhanced settlement sum of Rs. 50,000 to the appellant in full and final settlement of an insurance claim, with interest provisions for delayed payment.
Allowance of sum of Rs. 50,000 as full and final settlement; 9% interest on default.
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DAILY LOK ADALAT
BENCH NO.3
513 FAO NO.2839 OF 2015 PAWAN KUMAR V/S SAMMI KUMAR & ORS.
Present: Mr. Sushil Bhardwaj, Advocate For the appellant.
Mr. Vinod Gupta, Advocate And GD Gupta, Advocate With Dr. SK Takyar, Manager And Ms. Mamta Bansal, Deputy Manager United India Ins. Co.
As agreed, as per statements of learned counsel for the appellant as well as counsel for the Insurance Company, separately recorded, a sum of `50,000/- (Rupees Fifty Thousand Only) over and above the amount already awarded by the Tribunal is allowed to the appellant in full and final settlement of his claim. Two months’ time is allowed to the Insurance Company to deposit the amount with the MACT, Bhiwani , 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-Pawan Kumar 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
August 02, 2016 Naina Rajput
Pawan Kumar
Sammi Kumar & Ors.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
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