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High Court Of ChhattisgarhFA/226/2005dismissed

Nanak Peswani v. Bhartiya Jeevan Bima Nigam

2018-07-13Hon'Ble Shri Justice Prashant Kumar Mishra2 pages

NAFR HIGH COURT OF CHHATTISGARH, BILASPUR FA No. 227 of 2005 • Smt.Sushma Peswani, W/o Nanak Peshwani, Aged about 32 years, R/o Dayal Bhawan, Near Saddani Darbar, City Pandri, Raipur (CG) ---- Petitioner

Versus

• Bhartiya Jeevan Bima Nigam, Established Under The Jeevan Bima Nigam Adhiniyam, 1956, Central OfÏce At Bombay & Interalia Divisional OfÏce, Raipur, Jeevan Bima Prakash, Jeevan Bima Marg, Raipur (CG) ---- Respondent FA No. 4 of 2006 • Life Insurance Corporation Of India, Through Manager (L&HPF), Divisional OfÏce, Pandari, Raipur (CG) ---- Petitioner

Versus

• Smt.Shushma Peshwani, Aged 45 years, S/o Nanak Peshwani, Resident of Dayal Bhawan, Near Sadani Darbar, Pandari, Raipur (CG) ---- Respondent FA No. 226 of 2005 • Nanak Peswani, S/o Dayal Peshwani, Aged about 34 years, R/o Dayal Bhawan, Near Saddani Darbar, City Pandri, Raipur (CG) ---- Petitioner

Versus

• Bhartiya Jeevan Bima Nigam, Established Under The Jeevan Bima Nigam Adhiniyam, 1956, Central OfÏce At Bombay & Interalia Divisional OfÏce, Raipur, Jeevan Bima Prakash, Jeevan Bima Marg, Raipur (CG)

---- Respondent For appellants Mr. Ajay Kumar Chandra, Advocate For LIC Mr. Mukesh Sharma, Advocate S.B.: Hon'ble Mr. Justice Prashant Kumar Mishra Order On Board 13/7/2018

1. Heard.

2. Learned counsel for both the parties would jointly submit that the parties have reached out of Court settlement resulting in closure of the loan account of borrowers Smt.Shushma Peswani and Nanak Peswani.

3. Mr. Mukesh Sharma, learned counsel for the LIC, would produce before the Court a certificate to the above effect and would pray that the appeals be disposed of in terms of the settlement.

4. A perusal of the certificate issued by the LIC reads that the LIC has received full and final payment of the entire loan amount including interest.

5. In view of the above, all the first appeals are disposed of by a decree that 'since the entire loan amount including interest has been paid, FA No.227 of 2005 preferred by Smt.Shushma Peswani & FA No.226 of 2005 preferred by Nanak Peswani are dismissed and FA No.4 of 2006 preferred by Life Insurance Corporation Of India is disposed of'.

6. The certificate submitted before this Court be made part of the record of all the three first appeals.

7. Decree be prepared accordingly. Sd/- Judge (Prashant Kumar Mishra) Shyna