New India Assurance Co. Ltd v. Renu Yadav and 2 Ors

Page No.# 1/4 GAHC010198762023

THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Case No. : I.A.(Civil)/2738/2023 NEW INDIA ASSURANCE CO. LTD. HAVING ITS REGISTERED OFFICE AT NEW ASSURANCE BUILDING 87, MAHATMA GANDHI ROAD, MUMBAI AND ONE OF THE REGIONAL OFFICE AT STAR CITY COMPLEX, 5TH FLOOR, LACHIT NAGAR, GUWAHATI 781005, NEAR HANUMAN MANDIR VERSUS RENU YADAV AND 2 ORS W/O LATE KISHORE YADAV HOUSE NO. 2, UKILPATTY, SILCHAR TOWN, WARD NO. 6, 788001. PO AND PS SILCHAR ,DIST CACHAR, ASSAM 2:SMTI. SONIKA AGARWAL W/O NAVIN AGARWAL SIDDHA POINT FLAT NO. 405 ATHGAON GUWAHATI DIST KAMRUP M ASSAM 78100 Advocate for the Petitioner : MR. K K BHATTA Advocate for the Respondent : MS D DEVI (R-2) Linked Case : NEW INDIA ASSURANCE CO. LTD. VERSUS RENU YADAV AND 2 ORS B Page No.# 2/4 ------------ Advocate for : MR. K K BHATTA Advocate for : appearing for RENU YADAV AND 2 ORS B Linked Case : NEW INDIA ASSURANCE CO. LTD. VERSUS RENU YADAV AND 2 ORS B ------------ Advocate for : MR. K K BHATTA Advocate for : appearing for RENU YADAV AND 2 ORS B

BEFORE HONOURABLE MR. JUSTICE N. UNNI KRISHNAN NAIR Name of the conciliators:

¶1Ms. Chandana Patowary

¶2Ms. Gita Kakati Das (O R D E R)

11.05.2024

The case is put up before the National Lok Adalat.

The matter is amicably settled between the parties.

The appellant New India Assurance Company Limited, represented by Mr. Suman Das, Assistant Manager; and Smt. Renu Yadav, claimant, herein, are present before the Court today. The claimant is represented by Mr. A. B. Dey, learned counsel.

It is submitted by both the claimant and the Insurance Company's representatives that this matter is settled between the parties at an amount of Rs. Page No.# 3/4 4,50,000/- inclusive of all components as a full and final settlement of their claim.

The Insurance company will deposit the amount of Rs. 4,50,000/- within a period of 45 days from today before the Registry of the Gauhati High Court. Failure to deposit the above-mentioned amount within the stipulated time by New India Assurance Company Limited, the above amount would carry an interest at the rate of 7% from the date of filing of the claim petition before the learned Tribunal.

The said amount of Rs. 4,50,000/- shall be released to the claimant, herein, by the Registry upon furnishing of adequate documents for her identification as well as the particulars of her Bank account.

Statutory deposit, if any, made by the Insurance Company being not a part of the amount so settled today; the same may be released to the Insurance Company on an application made by it in this connection.

The interlocutory application accordingly stands disposed of in terms of the amicable settlement reached between the parties.

The compromise format signed by the parties is kept on record. LCRs, if any, be remitted to the concerned Tribunal.

JUDGE Page No.# 4/4 Comparing Assistant