New India Insurance Co. Ltd. Thr Branch Manager, Aurangabad v. Manmoon Bee Yousuf Shah And ORS
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IN THE HIGH COURT OF JUDICATURE OF BOMBAY
BENCH AT AURANGABAD CIVIL APPLICATION NO. 922 OF 2018 IN FIRST APPEAL NO. 2537 OF 2017 New India Insurance Co. Ltd.
Applicant
Versus
Manmoon Bee Yousuf Shah & others Respondents Mr. S.G. Chapalgaonkar, advocate for applicant. Mr. P.C. Mayure, advocate for respondents.
WITH CIVIL APPLICATION NO. 951 OF 2018 IN FIRST APPEAL 2537 OF 2017 Manmoon Bee Yousuf Shah & others Applicants
Versus
New India Insurance Co. Ltd.
Respondent Mr. P.C. Mayure, advocate for applicants.
Mr. S.G. Chapalgaonkar, advocate for respondent. CORAM : M.S. SONAK, J.
DATE : 22nd JANUARY, 2018 PER COURT:
1.
Infact, the insurance company as also claimants have taken out civil applications seeking consequential order pursuant to disposal of this First Appeal before Lok Adalat which was held on 09.09.2017.
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In terms of settlement, the claimants have restricted their claim of compensation to Rs.14,00,000/- alongwith interest accrued thereon at the rate of 9% per annum from the date of filing of the petition till realisation of the amount. The balance amount is to be refunded to the insurance company. 3.
Accordingly, the Registry is directed to permit both the parties withdrawal of proportionate basis as per the settlement arrived at before Lok Adalat on 09.09.2017.
4.
Civil Applications are disposed of.
( M.S. SONAK, J. ) dyb