Daily Lok Adalat settled an insurance dispute by allowing an additional sum of 70,000 as full and final settlement, with provisions for interest and mode of payment.
Allowed sum of Rs. 70,000 over Tribunal award as full and final settlement with 9% p.a. interest on default.
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
513 FAO-3772-2014 SIKANDER V/S DARSHAN LAL AND ORS.
Present: Mr. RS Budhwar, Advocate For the appellant.
Mr. Vinod Gupta, Advocate Along with Mr. Tarsem Chand, Manager New India Ass. 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 `70,000/- (Rupees Seventy 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, Kurukshetra, 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-Sikander 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 29, 2016
Naina Rajput
NAINA KATHIAT 2016.10.04 10:29 I attest to the accuracy and integrity of this document
1 issue framed by the court
Whether to allow additional amount for settlement of the insurance claim.
Sikander
Darshan Lal and Ors.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
