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High Court of Punjab and HaryanaFAO/4796/2003dismissed

E S I C v. M/S Sonic Electronics Indus

2018-02-28Mr. Justice Ajay Tewari2 pages

National Lok Adalat 2023:PHHC:071695 FAO No.4796 of 2017 SUNIL KUMAR VS. RAVINDER AND ORS.

Present:

Mr. Divay Sarup, Advocate for the appellant.

Mr. Harinder Singh Pannu, Advocate for the IFFCO TOKIO Gen. Insurance Company.

*** A consent form has been received from the office of Mr. Divay Sarup, Advocate, whereby both the parties have agreed for full and final settlement with the enhanced compensation at Rs.80,000/- (Rupees Eighty Thousand Only) over and above the amount already awarded by the learned MACT, Yamuna Nagar at Jagadhri i.e., Rs.1,07,000/- As per the statement of learned counsel for the appellants, the enhanced amount be paid to appellant-Sunil Kumar.

The enhanced amount is to be credited to the account of the appellant within a period of six weeks from today. The appellant 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 fails 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 deposit cheque/demand draft in the name of appellant against the said amount in the office of Lok Adalat of this Court.

It is further made clear that in case the Insurance Company fails to deposit the amount of enhanced compensation within the stipulated period of six weeks, it shall carry interest @ 9% per annum from the date it became due till the date of its realization.

The present appeal is disposed of in the abovesaid terms. POONAM 2023.05.22 15:06 I attest to the accuracy and integrity of this document

2023:PHHC:071695 FAO No.4796 of 2017 A copy of this order be supplied to the respective counsel for the parties and file be returned to the High Court. (MANISHA BATRA) PRESIDENT (PAWAN KUMAR MUTNEJA) Dated 13.05.2023 MEMBER poonam POONAM 2023.05.22 15:06 I attest to the accuracy and integrity of this document