In a daily Lok Adalat hearing, the bench recorded a settlement whereby the Insurance Company agreed to pay Rs. 1,00,000 over and above the Tribunal's award in full and final settlement of the appellants' claim.
Settlement: Rs. 1,00,000 additional to be paid within two months to MACT, Karnal, with 9% p.a. interest on default.
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DAILY LOK ADALAT
BENCH NO.3
504 FAO NO.5701 OF 2013 NARIAN DEVI & ORS. V/S GURDEEP SINGH & ORS.
Present: Mr. Randeep Singh, Advocate For the appellants.
Mr. MB Jain, Advocate For the Ins. Co.
The matter has again been discussed today with the learned counsel for the parties, in detail and they have arrived at a settlement.
As agreed, as per statements of learned counsel for the appellants as well as counsel for the Insurance Company, separately recorded, a sum of `1,00,000/- (Rupees One Lac 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, Karnal, 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-Narian Devi 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 19, 2016 Naina Rajput
NARIAN DEVI & ORS.
GURDEEP SINGH & ORS.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
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