NEW INDIA ASSURANCE CO. LTD. TH. AJAY SHEHRAWAT v. PRINKA RAJU AND OTHERS
Mac App/106/2024 · 2025-09-13
Lok Adalat
body2025
DailyLaw.ai
[ 2025 DAILYLAW 3554 (JK) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 3554 (JK) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
I I}EFOITE THE NATIONAL LOK ADALAT IIELD AT HIGI.I COTJIIT OF.I&K AND LADAKII, AT.IAMMTJ ,<**)k* ( )t'{-tirrr ize tl [r.r I Iiglr ('orrrt Autlroritie s Act. 1987. I cgirl Scrr iecs ('orurrrittcc I I/S l9 ol' l.csll Serr iccs Mac A;r;r No. - 10612024 Nov Intli:r Assurilncc Co. Ltd. vs l)rinkn llaju and othcrs l)ctiliorrcr'(.:')rtllurclluttl(.s) lle.sltsntlent(.s1 .COltAM: - Sh. l)awan Kumar Sharma, Special .luclgc Anti Crlrruption,.lammu Ms. Mcharban Singh, Advocatc (Pancl Lawyer) AWARI) BENCH-II 'l-he clisptrtc bctrtcctt the parties htrving beerr rcll'rrecl tilr detcrrrirration irr the Natiunal I.oli, Atlirllrt hcltl lotltt-r itncl thc prrrrtics hirvirrg conrpronrisccl/scttlctl thc rnuttcr anrl llrc lirllou irrg urrarcl is passcd in tcrrns ol'the scttlentent: I'hc prcscnt appcal is against thc award passctl by MACT.lammrr whcrcby thc Tribunal below has awardcd a compcnsation ol'lls. 66,96,75(l/- (lts. Sixty-Six Lac Nincty-Six 'l'ltousiuttl ancl Scvcn-liivc Hrrndrctl anrl Fifty Only) alongwith intcrcst (u\' 7.Slllth l).A. irt litvtlur ol'claintants fronr thc tlatc of institution of CIaim pctition till, rcalization. Thc partics havc amicably scttlcd in thc Lok Adalat whcrcby it has hccn agrcctl that thc amount of settlenrent shall be Rs. 64,00,0001- Lac (lls. Sixty-Four Lac Only) trn which thc clainrants would gct intcrcst @ 7.50oh from thc ttatc gt' institution of claim petition i.c 15.01.21119 tilt (19.08.2024 when the lnsrrrancc Conrpany dcpositctl thc amount in thc Hon'blc High Courl. On thc rcmaining amottnl tlttt of scttlcd Amount, the clainrants woukl gct intercst front the datc ol' tlcposil lill rcnliz:tlion on thc anrount (a) which thc llank has paitl on thc Fl)lt. 'l'ltc rcttt:ritring iuttttuttl alortgnilh irrtcrcst tlcposilctl paitl :rntl accructt shall bc rclcasctl in l)rvour ol'lnsurancc Conrpany.'l'hc anrount alrcady rclcasctl in lirvour ol' Clairnants/llcspondcnts shnll bc atljustcd accortlingly. lrilc to bc subrnitted bacli to ltegistrl,ol'llon'ble the Iligh Court I Anrtorrncctl r3- 2025 Presiding te orclers Q),u4 IN ',*Y^ \ttqe6 ir' \ Me P ellant 0\\ l-\,n^ tl / i)2'eesS/n",@/ l{cspurrtlcnt(s ) F S + g \qrq?t^os' (Al, P?'9