SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2021 Supreme(Mad) 3206

K.MURALI SHANKAR
Branch Manager, ICICI Lombard Insurance Company – Appellant
Versus
Vasanthi – Respondent


Advocates:
Advocate Appeared:
For the Petitioner: Mr. P. Pethu Rajesh

ORDER :

The Civil Revision Petition is directed against the order passed in EP.No.87 of 2019 in MCOP.No.67 of 2008 dated 24.01.2020 on the file of the Additional District Court cum Essential Commodities Court, Thanjavur.

2. The revision petitioner is the judgment debtor/second respondent and the respondents 1 to 3 are the decree holders/claimants in MCOP.No.67 of 2008 on the file of the Additional District Court cum Essential Commodities Court, Thanjavur.

3. It is not in dispute that the learned Additional District Judge, after conducting enquiry, has passed the award on 15.02.2011 directing the insurer to pay Rs.22,68,160/- with interest of 7.5% per annum from the date of petition till the date of payment and costs . In pursuance of the said award, the revision petitioner/insurer had deposited a sum of Rs. 27,36,049/-. Subsequently, the claimants have sent a notice to the insurer stating that the total award amount with interest and costs comes to Rs. 28,61,046.65/- and since the insurer had deposited only Rs.27,36,049/-, the balance amount of Rs.1,24,997.65/- is still due from the insurer and that thereafter, the claimants have laid the Execution Petition in EP.No.87 of 2019. It is

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top