Sh Khem Chand v. Bharti Axa General Insurance Company Ltd. And ANR

$~25 * IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT + MAC.APP. 501/2024 SH KHEM CHAND .....Appellant Through:

Mr. Manish Maini, Adv.

versus BHARTI AXA GENERAL INSURANCE COMPANY LTD.

AND ANR .....Respondents Through:

Ms. Suman Bagga, Adv. for R1.

CORAM: NATIONAL LOK ADALAT HON'BLE MR. JUSTICE DHARMESH SHARMA MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER)

O R D E R

% 14.12.2024 1.

The appellant/claimant seeks enhancement of compensation over and above what has been granted by the learned Tribunal vide award dated 29.02.2024.

2.

We have interacted with the learned counsel/parties concerned. Apropos such interaction and due deliberation, the parties have agreed that respondent no.1/Insurance Company shall pay enhanced compensation Rs.1,50,000/- over and above the compensation granted by the learned Tribunal to the appellant as full and final settlement. 3.

In view of the settlement arrived at between the parties, the respondent no.1/Insurance Company is directed to deposit the enhanced amount of Rs.1,50,000/- before the concerned Tribunal within a period of five weeks from today, failing which the respondent shall be liable to pay interest @ 9% p.a. for the delayed period. 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 20/12/2024 at 12:51:01

concerned Tribunal shall release the aforesaid amount alongwith interest, if any, to the appellant, subject to verification and completion of requisite formalities.

4.

The present appeal alongwith the pending application(s), if any, is disposed of with directions in terms of the foregoing settlement. 5.

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

(DHARMESH SHARMA) PRESIDING OFFICER K. VENKATRAMAN CO-MEMBER DECEMBER 14, 2024 Ch 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 20/12/2024 at 12:51:01