The High Court of Rajasthan disposed of an S.B. Civil Misc. Appeal where parties settled the dispute. It directed the insurance company to pay Rs. 4,00,000/- within four weeks with 6% interest thereafter.
Further lump sum compensation of Rs. 4,00,000/- to be paid within four weeks, else interest at 6% p.a.
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HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR
S.B. Civil Misc. Appeal No. 79/2015
----Appellant
Versus
----Respondent
For Appellant(s) : Mr. R.S. Mankad. For Respondent(s) : Mr. Vinay Kothari.
HON'BLE MR. JUSTICE ARUN BHANSALI Order
12/01/2021
Learned counsel for the parties submit that they have settled the dispute mutually, whereby, the appellants would be entitled to a further lump sum compensation of Rs. 4,00,000/-.
In view of the submissions made, the appeal filed by the appellants is disposed of with a direction to the respondent No. 2 - Insurance Company to make a further lump sum payment of Rs. 4,00,000/- to the appellants/claimants within a period of four weeks.
In case, the payment is not made within a period of four weeks, from the end of four weeks till the payment is made the appellant would be entitled to interest @ 6% per annum.
(ARUN BHANSALI),J
203-pradeep/-
Mani Lal S/o Late Mog Ji Patidar
Smt. Kuri S/o Mani Lal Patidar
Karu Lal S/o Sh. Thana Ji Nanoma
ICICI Lombard General Insurance Co. Ltd.
Arun Bhansali
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
