Kajal Chakraborty v. New India Ins. Co. Ltd

Case No :IA. 0000134/2015 Party Name : KAJAL CHAKRABORTY Vs NEW INDIA INS. CO. LTD HONBLE THE CHIEF JUSTICE DEEPAK GUPTA This is an application for release of the amount. While awarding the compensation, this Court had not apportioned the amount of compensation. Therefore, the compensation is now apportioned. The widow of the deceased Smt. Kajal Chakraborty is held entitled to a sum of Rs.2,50,000/- (Rupees two lakh fifty thousand) out of the total compensation of Rs.3,00,000/- (Rupees three lakh) and the son, who is a major is held entitled to only Rs.50,000/- (Rupees fifty thousand). The amount falling to the share of the son along with interest be released in his favour.

Out of the amount falling to the share of the widow, a sum of Rs.1,00,000/- (Rupees one lakh) be released and the balance amount shall be kept in a fixed deposit for a period of 5(five) years at the first instance. The interest on this deposit shall be paid on quarterly basis to the widow and after 5(five) years a sum of Rs.50,000/- (Rupees fifty thousand) shall be released to the widow every year.

In this view of the matter, the amount falling to the share of each of the applicants, as noted above, be released to the applicants by remitting it to their personal Bank account details whereof along with photocopy of the first page of the passbook be submitted in the Registry of this Court within 2 (two) weeks from today. The application is accordingly disposed of.

Download Date: 8-05-2017 16:05 1/1