MATROO LAL v. NATIONAL INSURANCE CO. LTD. AND ANOTHER
FAFOD/231/2014 · 2025-09-12
Vikas Budhwar
body2025
DailyLaw.ai
[ 2025 DAILYLAW 13454 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 13454 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD FIRST APPEAL FROM ORDER DEFECTIVE No. - 231 of 2014
Court No. - 45 HON'BLE VIKAS BUDHWAR, J.
1. The matter is listed before the National Lok Adalat. 2. Sri Lal Chandra Sahu, learned counsel for the claimant and the authorized representative of the insurance company identified by Sri Hasan Abbas, Advocate are present. 3. A joint memo of settlement, duly signed by learned counsel for the appellants and the executive of the insurance company, has been placed on record. Accordingly, a settlement is shown to have been reached between the parties on the following terms:
"i) The appellant no.1 shall be entitled to get Rs. 25000/- (Twenty Five Thousand only) (lump sum) in full and final satisfaction of his/their claim from Respondent/Insurance Co. i.e. National Insurance Company Ltd.. ii) The amount already deposited/ received shall be adjusted towards the total amount due. iii). The amount due as above shall be deposited/paid through cheque within 60 days from the date of receipt of copy of order of the Hon’ble Court, failing which interest @6% P.A. shall accrue from such date till payment. 4. In view of the above settlement having been reached, the present appeal stands decided in terms of the settlement noted above. Versus Counsel for Appellant(s) : Lal Chandra Sahu Counsel for Respondent(s) : S.M. Haider Zaidi Matroo Lal .....Appellant(s) National Insurance Co. Ltd. And Another .....Respondent(s)
5. Let a copy of this order be communicated to the parties by the Secretary, High Court Legal Services Committee at Allahabad. 6. Proof of service be placed on record. 7. In case, the appellants have a grievance to this order being passed without their consent, they would be at liberty to apply for recall of this order within one month of its communication. Failing any application being filed within such time, the amount so settled shall be released in favour of the claimants immediately at the end of the period of one month therefrom, directly into their bank account, in compliance of this order. 8. The original record of the Tribunal be returned forthwith. 9. In the event of failure on part of the insurer to pay the entire amount, if any, within the stipulated time, the insurer further agrees to pay interest @ 6% P.A. for the period beginning at the end of 60 days from today upto the date of actual payment.
10. That the parties have compromised out of their free consent and without any coercion/pressure of any kind as per Appendix 'X'. September 13, 2025 N.S.Rathour (Fuzail Ahmad Ansari, Adv.) (Vikas Budhwar, J.) FAFOD No. 231 of 2014 2 Digitally signed by :- NIPENDRA SINGH RATHOUR High Court of Judicature at Allahabad