Om Parkash Vs. ICICI Lombard

Present:       Sh. Shakti Singh Khatri, Advocate for the complainant.

                   Sh. Gulshan Chawla, Advocate for the Opposite Party.

                   Learned counsel for the opposite party suffered a statement that the matter has been settled with complainant for full and final amount of Rs.5,25,000/- (Rupees Five lakh twenty five thousand only) and Opposite party will make the settled amount within a period of 60 days from the date of order failing which the opposite party will be liable to make the settled amount alongwith interest @9% PA from the date of order.

                   Learned counsel for the complainant suffered a statement that he has heard the statement, made by counsel for OP and he has no grievances against respondent. He further stated that the matter be decided in the light of statement made by counsel for Op.

                   In view of the statement made by the learned counsels for both the parties, present complaint is hereby disposed off being settled with direction to opposite party to make the payment of alleged amount of Rs.5,25,000/- (Rupees Five lakh twenty five thousand only) to the complainant within 60 days failing which the opposite party shall be liable to make the above payment alongwith interest @ 9% PA from today i.e. 02.07.2024 till its realization to the complainant. Parties shall be bound by their respective statements. Copy of this order be supplied to the parties free of cost.

                   File be consigned to record room after due compliance.

Date : 02.07.2024    

                                      Member                Member                President             

                                                                                                DCDRC, Rohtak