Icici Lombard General Insurance Co Ltd v. Yogesh Kumar Sharma & ORS

$~R-468 * IN THE HIGH COURT OF DELHI AT NEW DELHI Decided on: 13th November, 2017 + MAC.APP. 290/2012 and CM Nos.4977/2012 and 4979/2012 ICICI LOMBARD GENERAL INSURANCE COMPANY LTD.

... Appellant Through: Mr. Pankaj Gupta for Ms. Suman Bagga, Advocate versus YOGESH KUMAR SHARMA & ORS.

..... Respondents Through: None

CORAM:

HON'BLE MR. JUSTICE R.K.GAUBA JUDGMENT (ORAL) 1.

The counsel for the appellant submits that he may be allowed to withdraw the appeal.

2.

The appeal and the pending applications are accordingly dismissed as withdrawn.

3.

In terms of order dated 19.03.2012, the insurance company had been directed to deposit the entire awarded amount with up-to-date interest with the Registrar General. In terms of order dated 26.02.2013, fifty percent (50%) of the amount deposited was permitted to be released to the claimant. The balance with accrued interest shall also now be released to the claimant in terms of the judgment of the tribunal.

MAC A No.290/2012

4.

The statutory amount shall be refunded to the insurance company.

R.K.GAUBA, J.

NOVEMBER 13, 2017 yg MAC A No.290/2012