High CourtsSingle Bench(2017) 11 DEL CK 0523

ICICI Lombard General Insurance Company Ltd vs Yogesh Kumar Sharma & Ors

Delhi High Court · Decided on 13 November 2017

HON’BLE JUDGES
R.K.Gauba, J
RESULT
Disposed Of
CASE NUMBER
MAC. Appeal No. 290 Of 2012, Civil Miscellaneous No. 4977, 4979 Of 2012

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Judgment

7 paragraphs · 109 words

R.K.Gauba, J

1.

The counsel for the appellant submits that he may be allowed to withdraw the appeal.

2.

The appeal and the pending applications are accordingly dismissed as withdrawn.

3.

In terms of order dated 19.03.2012, the insurance company had been directed to deposit the entire awarded amount with up-to-date interest with

the Registrar General. In terms of order dated 26.02.2013, fifty percent (50%) of the amount deposited was permitted to be released to the claimant.

The balance with accrued interest shall also now be released to the claimant in terms of the judgment of the tribunal.

4.

The statutory amount shall be refunded to the insurance company.