Satpal And ORS. v. New India Assurance Co. Ltd. And ORS.

DAILY LOK ADALAT BENCH NO.3 FAO-4554-2007 SATPAL AND ORS. V/S NEW INDIA ASSURANCE CO.

LTD. AND ORS.

* * * *

Present:

Mr. Ravinder Malik, Advocate for the appellants. Mr. Vinod Gupta, Advocate for NIIC.

* * * * As agreed, as per statements of learned counsel for the appellants as well as counsel for the Insurance Company, separately recorded, a sum of Rs.2,80,000/- (Rupees Two Lac Eighty Thousand Only) over and above the amount already awarded by the Tribunal is allowed to the appellants in full and final settlement of the claim. As per the statement of learned counsel for the appellants, the enhanced amount be paid to appellant No.3-Balbir Singh. Accordingly, we dispose of this case with a direction to the Insurance Company to deposit cheque for Rs.2,80,000/- (Rupees Two Lac Eighty Thousand Only) favouring appellant No.3-Balbir Singh with the Office of the Lok Adalat of the High Court on or before 11.09.2017. Failing compliance of the order, interest @ 9% per annum shall follow on this amount till payment from the date of this order. The appellants' counsel may collect the cheque from the office of the Lok Adalat after retaining the photocopy of the cheque/draft bearing signatures of the Counsel.

Appeal stands disposed of.

Copy of this order be supplied/sent to the counsel/parties and file be consigned to record.

(G.C. GARG) PRESIDENT (N.K. KAPOOR) MEMBER August 10, 2017 Naina Rajput