Oriental Insurance Co Ltd v. Usha Verma & ORS

$~4-5 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ MAC.APP. 39/2018 ORIENTAL INSURANCE CO LTD ..... Appellant Through Mr. Pradeep Gaur and Mr. R.K.

Tripathi, Advs. with Mr. Anil Kumar Vij, Asstt. Manager.

Versus

USHA VERMA & ORS ..... Respondents Through Mr. S.N. Parashar, Adv.

+ MAC.APP. 3/2019 USHA VERMA & ORS ..... Appellants Through Mr. S.N. Parashar, Adv.

versus NAVAL SINGH & ORS (THE ORIENTAL INS CO LTD) ..... Respondents Through Mr. Pradeep Gaur and Mr. R.K.

Tripathi, Advs. with Mr. Anil Kumar Vij, Asstt. Manager

CORAM:

HON'BLE MR. JUSTICE A. K. CHAWLA MR. K. VENKATRAMAN (CO-MEMBER)

O R D E R

% 09.03.2019 Both the appeals are cross appeals, arising out of the same award. The parties have mutually arrived at a settlement and there-under, it has been agreed between the parties that the claimants shall be entitled to Rs. 2,30,000/- (Rupees Two Lac and Thirty thousand only) as lump sum

compensation over and above the impugned award as full and final settlement.

Today, the insurance company has handed over the following cheques :

Sr. No.

Cheque No.

Dated Amount (Rs.) 5.

524367 08.03.2019 1,26,500/- 6.

524368 08.03.2019 46,000/- 7.

524369 08.03.2019 46,000/- 8.

524370 08.03.2019 11,500/- The cheques shall be released by DHCLSC to the claimants on verification, in consonance with the terms of the award. The impugned award stands modified to that effect. Consequently, the appeal shall stand disposed of.

The statutory amount of Rs. 25,000 along with interest, if any, accrued shall also be refunded to the insurance company. (A.K. CHAWLA) PRESIDING OFFICER (K. VENKATRAMAN) CO-MEMBER MARCH 09, 2019/rc