Neelam & ORS v. Icici Lombard Gen Ins Ltd & ANR

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IN THE HIGH COURT OF DELHI AT NEW DELHI

NATIONAL LOK ADALAT + MAC.APP. 642/2014 NEELAM & ORS.

..... Appellants Through: Mr. Anshuman Bal, Advocate.

Versus

ICICI LOMBARD GEN. INS. LTD. & ANR.

..... Respondents Through: Ms. Suman Bagga, Advocate.

CORAM:

HON'BLE MR. JUSTICE VINOD GOEL MR. K. VENKATRAMAN (CO-MEMBER)

O R D E R

% 09.12.2017 1.

The matter has been settled between the parties for an amount of Rs.6,00,000/- over and above the amount so awarded amount payable by the Insurance company to the claimants. The amount be paid by the insurance company to the claimants through the DHCLSC within 45 days from today failing which interest @ 9% per annum shall be charged on delayed deposit.

2.

The settled amount shall be apportioned amongst the legal heirs of the deceased in the same proportion as per the Award. 50% of the compensation amount of each of the claimant shall be kept in FDR in any Nationalised Bank for a period of three years and remaining 50% amount shall be released to the claimants.

3.

In view of the settlement entered into between the parties, no further orders are required to be passed in this appeal. 4.

Accordingly, the appeal is disposed of.

5.

Copy of the order be given dasti under the signature of the Court Master.

(VINOD GOEL) PRESIDING OFFICER (K. VENKATRAMAN) CO-MEMBER DECEMBER 09, 2017 "shailendra"