Icici Lombard General Insurance Co.Ltd v. Veerasarapu Narender
Case brief
What is this about?
Telangana High Court common judgment dated 04-03-2025 in MACMA Nos. 122 and 338 of 2018 (cross appeals by claimant Veerasarapu Narender and insurer ICICI Lombard General Insurance Co. Ltd.) against Tribunal award dated 04-10-2017 in MVOP No. 717 of 2015, MACT (Principal District Judge) Nizamabad (Rs. 90,000/- with 7.5% interest); both appeals disposed of in terms of Lok Adalat Award dated 14-12-2024 (High Court Legal Services Committee; S. Nanda J, Chairman); settled sum Rs. 1,25,141/- over and above deposits; default attracts Tribunal-rate interest; court fee refund; consent/compromise disposal under Section 19 of the Legal Services Authorities Act, 1987; no precedents discussed.
What did the court decide?
Both appeals disposed of in terms of the Lok Adalat Award dated 14-12-2024: the insurer (ICICI Lombard) to pay Rs. 1,25,141/- towards full and final settlement in addition to the amount already deposited, within one month of receipt of a copy of the Award, failing which the claimant is entitled to interest as awarded by the Tribunal; refund of court fee paid in the appeal; credit for any amount already deposited by the insurer; claimant permitted to withdraw the entire amount soon after deposit; no order as to costs; pending miscellaneous applications closed.