The court allowed an additional sum of 30,000 rupees as full and final settlement of the appellant's insurance claim, with interest provisions for delayed payment.
Allowed additional sum of 30,000/ as full settlement with 9% p.a. interest on delayed payment.
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DAILY LOK ADALAT
BENCH NO.3
506 FAO NO.4291 OF 2014 NEHA V/S BALESAR YADAV AND ORS.
Present: Mr. NS Dhillon, Advocate For the appellant.
Ms. Sonal Dutta, Advocate For Mr. VM Gupta, Advocate Dr. SK Takyar, Manager United India 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 `30,000/- (Rupees Thirty 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-Neha 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 30, 2016 Naina Rajput
1 issue framed by the court
Whether to allow additional amount as full and final settlement of the insurance claim.
Neha
Balesar Yadav 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
