A daily Lok Adalat order fixed a lump sum of Rupees 15,000 as a full and final settlement of the appellant's claim, allowing two months for deposit with the MACT. Failure to pay attracts 9% interest.
A sum of Rs. 15,000 fixed as full and final settlement; 9% interest on delay.
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DAILY LOK ADALAT
BENCH NO.3
518 FAO-4798-2015 KISHORI LAL V/S RAJBIR AND ORS.
Present: Mr. BS Brar, Advocate For the appellant.
Mr. Subhash Goyal, Advocate For the 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 `15,000/- (Rupees Fifteen 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, 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-Kishori Lal 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 31, 2016 Naina Rajput
KISHORI LAL
RAJBIR AND ORS.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
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