In a State Motor Accident Claims Tribunal daily lok adalat, a settlement was reached awarding Rs. 3,50,000 to appellants as full final settlement over the Tribunal's earlier award. Interest is imposed on default by the insurance company.
Enhanced amount of Rs. 3,50,000 allowed as full final settlement over earlier award; deposit within two months.
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BENCH NO.3
DAILY LOK ADALAT
502 FAO NO.8981 OF 2014 OM PARKASH & ORS. V/S BRAHAMDUTT & ORS.
Present: Mr. SK Yadav, Advocate For the appellants.
Mr. Punit Jain, Advocate For the Ins. Co.
The matter has again been discussed today in detail with the learned counsel for the parties and they have arrived at a settlement.
As agreed, as per statements of the learned counsel for the appellants as well as counsel for the Insurance Company, separately recorded, a sum of `3,50,000/- (Rupees Three Lac Fifty Thousand Only) over and above the amount already awarded by the Tribunal is allowed to the appellants in full and final settlement of the claim. Two months’ time is allowed to the Insurance Company to deposit the amount with the MACT, Narnaul , 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-Om Parkash 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 06, 2016 Naina Rajput
NAINA KATHIAT 2016.09.07 15:16 I attest to the accuracy and integrity of this document
OM PARKASH & ORS.
BRAHAMDUTT & ORS.
G.C. GARG
N.K. KAPOOR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
