SHRIRAM GENERAL INSURANCE COMAPNY LIMITED E.P.I.P. v. JAGDISH SONKAR AND 3 OTHERS
FAFOD/381/2018 · 2025-09-12
Vikas Budhwar
body2025
DailyLaw.ai
[ 2025 DAILYLAW 18147 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 18147 (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. - 381 of 2018 Court No. - 45 HON'BLE VIKAS BUDHWAR, J.
1. The matter is listed before the National Lok Adalat. 2. Sri Pawan Kumar Singh, learned counsel for the appellants and representative of the Insurance Company, Sri A.C. Jaiswal who is also present. 3. A joint memo of settlement, duly signed by learned counsel for the claimants 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 nos. 1, 2 and 2 shall be entitled to get Rs. 10,00,000/- Ten Lakhs Only) in full and final satisfaction of their claim from the respondent no. 1. ii) The amount is full and final amount as no amount is paid by the Insurance Company before. (iii) Further the appeal be dismissed as withdrawn. (iv) The amount due as above shall be deposited/paid through cheque within 60 days from the date of receipt of copy of the order of the Hon'ble Court failing which interest @ 3 % 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) : Pawan Kumar Singh Counsel for Respondent(s) :
Shriram General Insurance Comapny Limited E.P.I.P. .....Appellant(s) Jagdish Sonkar And 3 Others .....Respondent(s)
5. Let a copy of this order be communicated to the parties by the Secretary, High Court Legal Services Committee, at Allahabad. Proof of service be placed on record. 6. In case, the appellants have any 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. 7. The original record of the Tribunal be returned forthwith. 8.
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 @ 3% P.A. for the period beginning at the end of sixty days from today upto the date of actual payment. (Fuzail Ahmad Ansari, Adv.) (Vikas Budhwar, J.)
September 13, 2025 piyush FAFOD No. 381 of 2018 2 Digitally signed by :- PIYUSH KUMAR High Court of Judicature at Allahabad