Icici Lombard General Insurance Co Ltd v. Renu & ORS

$~26 * IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT + MAC.APP. 192/2019 & CM APPL.5169/2019 ICICI LOMBARD GENERAL INSURANCE CO LTD ..... Appellant Through:

Mr. Ankit Kalra, Advocate versus RENU & ORS ..... Respondent Through:

None

CORAM:

DR. SUDHIR KUMAR JAIN, PRESIDING OFFICER MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER)

O R D E R

% 14.09.2024 Appellant has filed an appeal for reduction of the award dated 20.12.2018 passed by the learned MACT awarding compensation of Rs. 9,02,000/- along with interest @ 9% p.a. from the date of filing of the claim petition. The appellant deposited the entire awarded amount along with up-to-date interest before Concerned Tribunal in terms of the order dated 04.02.2019 passed by the Hon'ble High Court and it is also directed that the amount so deposited be converted into annual fixed deposit receipts with automatic renewals. Ld. Counsel for the appellant has instructions taken a decision to withdraw the appeal and the Ld. Counsel for the appellant on instructions has submitted that the claimants have not challenged the award. It is made clear that the independent legal rights of the The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 03/07/2025 at 01:52:36

respondents shall stands protected.

Learned Counsel for the Insurance Company also submits that the statutory amount with interest, if any, may be refunded to the Insurance Company.

In view of the above submissions of the appellant, the appeal is disposed of as not pressed.

The amount lying deposited in terms of the award before the tribunal along with accrued interest be released in terms of the award of the tribunal to the respondents/claimants. The legal rights of the respondents/claimants shall stand protected.

The statutory amount with interest, if any, be refunded to the insurance company.

Let the copy of the order also be sent to respondents/claimants. The present appeal along with the pending application(s), if any, is disposed of with directions in terms of the foregoing settlement.

A copy of this order be sent to concerned Ld. Tribunal with LCR, if requisitioned and received.

DR. SUDHIR KUMAR JAIN, J K. VENKATRAMAN CO-MEMBER SEPTEMBER 14, 2024/j The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 03/07/2025 at 01:52:36