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2024 DAILYLAW 435 (HP)

NATIONAL INSURANCE COMPANY LTD v. Mali W/o Sh. Neelak Kumar

FAO/348/2024 · 2026-03-14

body2024

Judgment text

Extracted from the PDF above. The PDF is authoritative.

BEFORE THE NATIONAL LOK ADALA National Insurance Co. Ltd vs Mali & Ors. FAO No.348 of 2024 14.03.2026 Present: Mr. Prittam Singh Chandel, Advocate, for the appellant along with Ms.Tanu Mohil Deputy Manger and Ms. Sunita Verma, Assistant Manager are present in person. Mr. Tek Chand, Advocate, for respondent No.1 Mr. Tek Chand, Advocate has stated that he has been duly authorised by Smt. Mali wife of Neelak Kumar to appear before the National Lok Adalat and compromise the matter. The matter has been referred for determination to the National Lok Adalat. Both the parties have voluntarily and amicably settled the matter with their free consent, will, volition and without any undue influence or misrepresentation. As per this settlement arrived at between the parties, reduce amount of Rs.13,24,551/- along with proportionate interest from the date of deposit will go to the claimant/respondent No.1 and balance amount of Rs.4,35,421/- along with proportionate interest from the date of deposit shall go to the appellant/insurance company. Thus, in view of the final settlement arrived between the parties, order passed by Commissioner under Employees Compensation Act, Chamba, District Chamba, H.P in W.C. CIS Registration No.05 of 2015 dated 28.08.2023 accordingly stands modified to this extent. Thus, in view of the aforesaid terms and conditions of the settlement, the matter stands finally settled. The terms and conditions of the settlement as above have been explained to the parties/counsel, which they have accepted as correct and appended their signature in evidence of the settlement. File be sent to the Registry of the Hon’ble High Court for doing the needful/consignment. ( Prem Pal Ranta) RO & AC Presiding Officer (Deepak Bhasin) Member ( Lalit Kumar Sharma) Member March, 14, 2026 (meera)