Iffco Tokio Gen Ins. Co. Ltd. v. Lajjawati & ORS.

$~R-700 * IN THE HIGH COURT OF DELHI AT NEW DELHI Decided on: 12th December, 2017 + MAC APPEAL 1300/2012 IFFCO TOKIO GENERAL INSURANCE COMPANY LTD.

..... Appellant Through:

Ms. Shantha Devi Raman and Mr. Arihant Jain, Advocate

Versus

LAJJAWATI & ORS.

..... Respondents Through: None

CORAM:

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

After some hearing, the counsel for the appellant submits that he may be allowed to withdraw the appeal.

2.

The appeal is accordingly dismissed as withdrawn. 3.

In terms of order dated 10.01.2013, the insurance company had been directed to deposit the entire awarded amount with up-to-date interest with the UCO Bank, Delhi High Court Branch and from out of such deposit, fifty percent (50%) was permitted to be released to the claimants. The balance with accrued interest shall also now be released to the claimant in terms of the judgment of the tribunal. 4.

The statutory amount shall be refunded to the insurance company.

R.K.GAUBA, J.

DECEMBER 12, 2017 yg MAC Appeal No.1300/2012