Reliance General Insurance Co Ltd v. Ranjeet Kumar Gupta & ORS

$~12 * IN THE HIGH COURT OF DELHI AT NEW DELHI NATIONAL LOK ADALAT + MAC.APP. 1015/2015 RELIANCE GENERAL INSURANCE CO. LTD.

..... Appellant Through:

Mr.

Ashwani Kumar Soni and Mr. Pawan Kumar, Advocates for insurance company versus RANJEET KUMAR GUPTA & ORS ..... Respondent Through:

Mr. S.N. Parashar with Mr. Umesh Kumar, Advocates

CORAM:

HON'B LE MR. JUSTICE MANOJ JAIN (PRESIDING OFFICER) MR. K. VENKATRAMAN, ADVOCATE (CO-MEMBER)

O R D E R

% 11.05.2024 1.

Appellant insurance company has filed an appeal for reduction of the award dated 05.10.2015 passed by the Learned MACT, awarding a compensation of Rs. 8,32,508/- along with interest @ 9% p.a. from the date of filing of claim petition. On appeal, the insurance company deposited entire awarded amount with up to date interest in terms of the order dated 23.12.2015 passed by this Hon'ble Court to be deposited before the Registrar General of this Hon'ble Court. 2.

We have interacted with the learned counsel/parties. Apropos such interaction and deliberation, it is agreed between the parties that out of the deposited amount along with the accrued interest, lump sum amount of Rs. 50,000/- shall be refunded to the appellant insurance MAC.APP. 1015/2015 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 14/05/2024 at 20:01:40

company and balance amount along with up to date total interest shall go to respondent/Claimant (s).

3.

In terms thereof, the Registrar General of this Court is directed to refund the lump sum of amount of Rs. 50,000/- to the insurance company and balance amount lying deposited with the Registrar General of this Court along with up-to-date interest be released in favour of the respondent (s)-claimant(s) in terms of the Award. 4.

Needless to say that the appellant shall be entitled to refund of the statutory amount along with interest, if any. 5.

We wish to clarify that though the matter has been settled before Lok Adalat, any claimant would be at liberty to move appropriate application before the concerned learned Tribunal, in case he seeks pre-mature release or refund on account of any extreme exigencies or any compelling reason. In such a situation the learned Tribunal would be at liberty to take up such application and to decide the same in accordance with law.

6.

In terms of the aforesaid, the present appeal along with pending application (s) stand disposed of.

7.

A copy of this order be sent to learned Tribunal with TCR, if already received.

(MANOJ JAIN) PRESIDING OFFICER K. VENKATRAMAN CO-MEMBER MAY 11, 2024 st MAC.APP. 1015/2015 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 14/05/2024 at 20:01:40