Orissa

Ganjam

CC/17/2014

Suman Nayak - Complainant(s)

Versus

Branch Manager, - Opp.Party(s)

Mr. L.K.Padhy, Advocate

12 Nov 2016

ORDER

DISTRICT CONSUMER DISPUTES REDRESSAL FORUM, GANJAM,
BERHAMPUR
 
Complaint Case No. CC/17/2014
 
1. Suman Nayak
aged about 27 yrs. S/o- Late Nabaghana Nayak, Business by profession Resident of B. Nuagaon, Via. Sumandal, P.S. Kodala.
Ganjam
Odisha
...........Complainant(s)
Versus
1. Branch Manager,
ICICI Prudential Life Insurance Being represented by its Branch Manager, Office at Courtpeta Berhampur, Ps- B.N.Pur, Dist- Ganjam, Odisha
Ganjam
Odisha
2. Development Manager,
ICICI Prudential Life Insurance, Being Rep. Mr. Jitendra Kumar Padhy, Being the Manager, Office at Courtpeta, Berhampur, P S - B.N Pur, Dist- Ganjam, Odisha
Ganjam
Odisha
3. The Policy Agent - Susil Padhy, Vide Agency code No. 01159033
ICICI Prudential C/o - Office at Courtpeta ICICI Prudential, Berhampur, Ps - B N Pur, Dist - Ganjam, Odisha
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MS. Soubhagyalaxmi Pattnaik PRESIDENT
 HON'BLE MR. N. Tuna Sahu MEMBER
 HON'BLE MS. Alaka Mishra MEMBER
 
For the Complainant:Mr. L.K.Padhy, Advocate, Advocate
For the Opp. Party: Mr. Bijay Krishna Mohanty, Advocate, Advocate
Dated : 12 Nov 2016
Final Order / Judgement

DATE OF FILING: 6.2.2014

           DATE OF DISPOSAL: 12.11.2016.

 

 

                                   

            The case is put up today before the 4th National Lok Adalat i.e. on 12.11.2016. The complainant alongwith his advocate is present. The advocate for the O.P. is also present. Both parties decided to settle the case amicably. Accordingly the O.P. paid an amount of Rs.9,00,000/- (Rupees Nine Lakhs) only vide cheque No. 177674 dated 4.10.2016 of ICICI Bank under policy No. 16392214 towards full and final settlement of the insurance claim.

            The complainant is directed to receive the cheque from this Forum on production of proper identification and acknowledgement. The complainant should collect the cheque from this Forum duly identified through his learned counsel Sri L.K.Padhi. The complainant is also directed to make 2 (two) Fixed Deposits in the name of himself and his brother Sri  Trinath Nayak of Rs.3,00,000/- (Rupees Three Lakhs) only each in any Nationalized Bank for 3 years for the social security of the family. However, he is at liberty to spend the rest of amount for his family expenses, repayment of liability of his family and legal expenses etc. The complainant shall produce the aforesaid two fixed deposits before this Forum for verification within one month of receipt of this order. This case is disposed of accordingly.

            The order is pronounced in the open Lok Adalat today on 12th November 2016 under the signature and seal of this Forum. Copy of order be supplied to the parties free of costs. Copy of the order be sent to server

 
 
[HON'BLE MS. Soubhagyalaxmi Pattnaik]
PRESIDENT
 
[HON'BLE MR. N. Tuna Sahu]
MEMBER
 
[HON'BLE MS. Alaka Mishra]
MEMBER

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