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High Court of Punjab and HaryanaFAO/4709/2014disposed of

Bajaj Allianz General Insurance Co. Ltd. v. Sushila & ANR

2025-02-24Mr. Justice G.C. Garg (Retd.)2 pages

Daily Lok Adalat Bench No.4 FAO-4709-2014 (O&M) Bajaj Allianz General Insurance Company Ltd.

Vs Smt.Sushila and another Present:- Mr.Vishal Aggarwal, Advocate for the appellant- Insurance Company.

Mr.Vijay Sangwan, Advocate for the respondents. *** AWARD OF LOK ADALAT BENCH NO.4 As agreed, (statements of learned counsel for the appellantInsurance Company as well as counsel for the respondents, separately recorded) a sum of Rs.2,00,000/- (Rupees Two Lacs only), over and above the amount already awarded by the Tribunal is allowed to the respondents in full and final settlement of the claim. Learned counsel for the respondents stated that agreed amount be released in favour of both the respondents in equal shares. Accordingly, we dispose of this case with a direction to the Insurance Company to deposit cheque of Rs.2,00,000/- (Rupees Two Lacs only) in favour of the respondents in equal shares with the office of the Lok Adalat of the High Court on or before 23.04.2025. Failing compliance of the order, interest @ 9% per annum shall follow on this amount till payment from the date of this order. The respondents' counsel may collect the cheque from the office of the Lok

FAO-4709-2014 (O&M) -2Adalat after retaining the photocopy of the cheque/draft bearing signatures of the Counsel.

It is stated by the counsel for the appellant-Insurance Company that statutory amount of Rs.25,000/- deposited by the Insurance Company may be ordered to be refunded to the Insurance Company. Taking note of the request made, registry is directed to take necessary steps to refund the aforesaid amount, if permissible under law. Needful shall be done within a period of three weeks. Appeal stands disposed of.

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

Pending applications, if any, shall stand disposed of. (K.C.GUPTA) PRESIDENT (B.C.GUPTA) MEMBER 24.02.2025 Meenu