D.K.TYAGI, VEENA SHARMA
BAJAJ ALLIANZ LIFE INSURANCE CO. LTD. – Appellant
Versus
BANSH ALIAS EKLAVYA – Respondent
ORDER
D.K. Tyagi, Member. - This appeal, under section 15 of the Consumer Protection Act, 1986, has been preferred by the appellants-Insurance Company against the order dated 12.05.2015 passed by the District Forum, Nainital in consumer complaint No. 55 of 2013, whereby the District Forum has partly allowed the consumer complaint and directed the opposite parties-Insurance Company to pay the complainant a claim amount of Rs. 3,71,000/- together with interest @ 6% per annum on the said amount, from the date of filing the consumer complaint till the date of actual payment, within one month from the date of order and it is also directed to pay Rs. 5,000/- to the complainant towards litigation expenses. The complainant is directed to make FDR of the claim amount and submit this FDR with the District Forum and will receive the said FDR only after being mature the minor.
2. Briefly stated the facts of the case, as mentioned in the consumer complaint are that the complainant-Sh. Videshi Lal had purchased a policy No. 066083703 receipt No. 6060924 after a payment of Rs. 10,000/- as annual premium and the maturity amount was Rs. 1,00,000/- in the name of his daughter Smt. Ramawati w/o Sh. Ji
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.