The Oriental Insurance Co. Ltd v. Jahogir Miyan & ORS.
$~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT + MAC.APP. 558/2014 THE ORIENTAL INSURANCE CO. LTD ..... Appellant Through:
Mr. Pradeep Gaur, Adv. with Ms. Bharati Meena, Assistant Manager for Insurance Co.
versus JAHOGIR MIYAN & ORS.
..... Respondents Through:
Mr. Pankaj Kumar Deval, Advocate.
CORAM:
HON'BLE MR. JUSTICE CHANDER SHEKHAR MR. K. VENKATRAMAN (CO-MEMBER)
O R D E R
% 14.09.2019 1.
The matter has been mutually settled between the parties and the Insurance Company has agreed to withdraw the appeal and comply with the award of the learned Tribunal. 2.
In view of the settlement entered into between the parties, no further orders are required to be passed in this appeal. The awarded amount along with the accrued interest shall be released to the claimants in terms of the order of the Tribunal. Deposited amount along with the accrued interest shall be released in terms of award of the learned Tribunal.
3.
The Registrar Delhi High Court shall release the statutory amount of Rs. 25,000/- deposited by the Insurance Company along
with interest, if any, to the Insurance Company subject to the fulfilment of requisite formalities. Consequently, the appeal stands disposed of accordingly.
4.
Order be given dasti under the signatures of the Court Master. (CHANDER SHEKHAR) PRESIDING OFFICER (K. VENKATRAMAN) CO-MEMBER SEPTEMBER 14, 2019/rk