N.ANAND VENKATESH
Cholamandalam General Insurance Company Limited – Appellant
Versus
M. Ashok Kumar – Respondent
ORDER :
1. The above appeal has been filed against an award for Rs. 10,46,200/- with interest @ 9% per annum from date of claim i.e. from 21.11.2016 and costs of Rs. 27,332/-. The Claimant is one Mr. M. Ashok Kumar who suffered grievous injury and was assessed disablement by Medical Board vide orders of this Court made in Tata AIG General Insurance Co. Ltd. vs. Prabhu dated 12.04.2016, including medical expenses of Rs. 3,54,000/-. A simple nudge was sufficient to the Counsel for Insurance Company to surrender the appeal to the larger cause of community of victims in these pandemic times. The Insurer has deposited Rs. 25,000/- towards statutory deposit. The learned counsel appearing on behalf of the insurance company fairly submitted that the entire balance amount including interest and cost will be deposited by the insurance company and that he has instructions to state so before this court. Recording the said submission, the Insurer is hereby directed to deposit the entire award with interest and costs less statutory deposit within 2 weeks of receipt of this order by email. It is pertinent to note that despite the grant of interest @ 9% p.a. the Insurer and its Counsel have gracefu
Gauri Deepak Patel vs. New India Assurance Co. Ltd. 2010 (1) ACC 766 (Bom) : 2011 ACJ 1782 (Guj)
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