Vikram v. Satish Kumar Chaturvedi And Others


 

IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH

FAO-1585-2025 (O&M) VIKRAM ...Appellant VS SATISH KUMAR CHATURVEDI AND OTHERS

...Respondents

Present:

None for the appellant.

Mr. PHS Pannu, Advocate with Mr. Saurav Khullar, Deputy Manager Mr. Narinder (legal Executive) with Ms. Rajni Godara, Advocate and Mr. Sarthak Mehta, Advocate for respondent - Bajaj Allianz GIC, Limited.

*** FAO-1585-2025 Both the parties have agreed for full and final settlement with the enhanced compensation at Rs.1,50,000/- (Rupees one lakh fifty thousand Only) over and above the amount awarded by the learned MACT, Nuh. The enhanced amount is to be credited to the account of the claimant within a period of four weeks from today. The claimant has undertaken to provide the bank details enabling the respondent-Insurance Company to credit the amount through RTGS within a week. In case the appellant/claimant fail to provide the bank details for the purpose of transfer of amount so enhanced here-in-above, the insurance company will be at liberty to issue demand draft against the said amount. It is further made clear that in case the insurance company fails to deposit the amount of enhanced compensation within the stipulated period of four weeks, it shall carry interest @ 9% per annum from the date it became due till the date of its realization.

SHRUTI 2025.12.15 11:09 I attest to the accuracy and authenticity of the document The present appeal is disposed of in the aforesaid terms.


  Pending civil miscellaneous applications, if any, also stand disposed of. A copy of this order be supplied to the respective counsel for the parties and file be returned to the High Court. (SANDEEP MOUDGIL) PRESIDENT (ATUL LAKHANPAL) MEMBER December 13, 2025 shruti SHRUTI 2025.12.15 11:09 I attest to the accuracy and authenticity of the document