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High Court of Punjab and Haryana · body

1956 DAILYLAW 8 (PNJ)

RELIANCE GENERAL INSURANCE CO. LTD v. SAROJ MAHENDROO AND ORS

FAO/1956/2016 · 2026-08-26

G C Garg Retd

body1956

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Daily Lok Adalat Bench No.4 510 FAO-1956-2016 (O&M) Reliance General Ins.Co.Ltd. Vs. Saroj Mahendroo and others Present:- Mr. Sanjeev Kodan Advocate for the appellant-Insurance Company. Mr.Ashish Pandey, Advocate for the claimants-respondents. *** This appeal has been filed against award dated 30.1.2016 vide which total compensation of Rs.3,46,500/- was granted in favour of claimants-respondents (LRs of deceased). Notice of motion was issued on 11.04.2016 and Hon’ble High Court stayed recovery of amount of Rs.1,32,459/-. Today, the matter has been settled between the parties. It is stated that instead paying an amount of Rs.1,32,459/-, the appellant- Insurance Company will pay an amount of Rs.1,84,516/-(rounded of 1,85,000/-) including interest to the respondents-claimants. It is further stated that statutory amount of Rs.25,000/- lying deposited in the Court be released in favour of the respondents-claimants and the remaining amount of Rs.1,85,000/- shall be paid to the claimants-respondents by the appellant-Insurance Company by way of a cheque deposited with the office of the Lok Adalat of the High Court on or before 17.10.2026. Failing compliance of the order, interest @ 9% per annum shall follow on this amount till payment from the date of this order. The claimants- respondents’ counsel may collect the cheque from the office of the Lok Adalat after retaining the photocopy of the cheque/draft bearing MEENU KUMARI 2026.09.03 11:11 I attest to the accuracy and authenticity of this order/judgment FAO-1956-2016 (O&M) -2- signatures of the Counsel. The amount already deposited with the MACT, if not released in favour of the respondents-claimants, it will be open to them to get the same released as per Rule. In view of the settlement arrived at between the parties, counsel for the appellant-Insurance Company wishes to withdraw the present appeal and the same is dismissed as withdrawn. Copy of this order be supplied/sent to the counsel/parties. Pending applications, if any, shall stand disposed of. (JASBIR SINGH) PRESIDENT (B.C.GUPTA) MEMBER 26.08.2026 Meenu MEENU KUMARI 2026.09.03 11:11 I attest to the accuracy and authenticity of this order/judgment