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J.R.MIDHA
Rajesh Tyagi – Appellant
Versus
Jaibir Singh – Respondent


Advocates:
Advocate Appeared:
For the Appellants : Satyam Thareja, Pankaj Gupta.
For the Respondents: Kirtiman Singh, Rahul Mehra, Waize Ali Noor, Lalit Bhasin, Ratna Dhingra, Chandni Sadana, Ajay Pratap Singh, Tushar Sannu, Shoumik Mazumdar, Navneet Kumar, Vikas Bhadana, A.K. Soni, Pavan Kumar, D.K. Nag, Mohd. Sakim, Sameer Nandwani, Kamal Mehta.

JUDGMENT :

J.R. MIDHA, J.

1. Mr. Lalit Bhasin, learned counsel for Indian Bank Association has handed over copies of the operative documents of 21 banks which have implemented Motor Accident Claims Annuity Deposit Scheme (MACAD Scheme) approved by this court on 1.5.2018. The compilations of the operative documents of 21 banks are taken on record. Learned counsel for Indian Bank Association shall furnish the sets of the operative documents to the Registrar General for being circulated to all the Claims Tribunals.

2. The Registrar General is directed to circulate the aforesaid compilation to all the Claims Tribunals for being implemented forthwith. The Claims Tribunals shall disburse the awarded amount to the claimants in a phased manner in terms of the order dated 1.5.2018 and the award amount be disbursed through MACAD Scheme.

3. All the banks are directed to appoint a Nodal Officer within four weeks. Learned counsel for Indian Bank Association shall compile the list of all the Nodal Officers of the banks with their respective addresses, phone numbers as well as email addresses and submit the same to the Registrar General who shall circulate the list of Nodal Officers to all the Claims

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