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High Court of Punjab and HaryanaFAO/9914/2014disposed of

Aksay Nanda v. Lakhvir Singh & ORS

2023-12-09Mrs. Justice Manisha Batra1 pages

  

      2023:PHHC:160102

  

    

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 ! "  #   $$$$ As agreed, as per statements of learned counsel for the appellant, learned counsel and representative of the respondent-Insurance Company (separately recorded), a sum of Rs.10,00,000/- (Rs. Ten Lac only) over and above the amount awarded by the Tribunal is allowed to the appellant in full and final settlement of the claim in this appeal. As per the statement of learned counsel for the appellant, the enhanced amount be paid to the appellant-Akshay Nanda. Accordingly, we dispose of this case with a direction to the Insurance Company to deposit a crossed-cheque for Rs.10,00,000/- (Rs.

Ten Lac only) in the name of the appellant Akshay Nanda with the office of the Lok Adalat of the High Court within 45 days in compliance of this order, failing which, interest @ 9% per annum shall follow on this amount till payment from the date of this order. The concerned Officer of the Lok Adalat Branch/Office shall issue proper receipt after receiving the cheque to learned counsel/representative of the respondent-Insurance Company. The appellant(s)' counsel/appellant(s) may collect the cheque from the office of the Lok Adalat.

No separate order needs to be passed in the pending application(s), if any.

Copy of the order be supplied/sent to the counsel/parties and file be returned to the Hon'ble High Court.

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   MAHIMA 2023.12.14 10:00 I attest to the accuracy and authenticity of this document