SatpalVs. Royal

Present:          Sh.ParveenAttri, Advocate for the complainant.

                        Sh.Gulshan Chawla, Advocate for the opposite party.

                        File put up before LokAdalaton the application of ld. Counsel for the complainant for settlement of case.  Ld. Counsel for the opposite party made a statement that the matter has been settled  with the complainant for full and final amount of Rs.486500/-(Rupees four lac eighty six thousand and five hundred only)  and the OP will make the settled amount within a period of 60 days failing which  opposite party will be liable to make the settled amount alongwith interest @ 9% p.a. from the date of order.

                        Ld. counsel for the complainant made a statement that he has handed over Form 26, Form 28, Form 29 , Form 30, letter of subrogation, Original NOC from financer, form 35, Original RC lost report  and cancelled cheque to counsel for company. He has heard the statement made by counsel for the opposite party. Now he has no grievances against respondent. Matter be decided in the light of statement made by the counsel for OP.

            In view of the statements made above by both the parties, present complaint is hereby disposed of being settled before LokAdalatwith direction to the opposite party to pay the alleged amount of Rs.486500/-(Rupees four lac eighty six thousand and five hundred only)to the complainant within 60 days from the date of order, failing which opposite party shall be liable pay interest @ 9% per annum on the alleged amount from today i.e. 16.01.2024 till its realization. Parties shall be bound by their respective statements. Copy of this order be supplied to the parties free of cost.    File be consigned to the record after due compliance.

Member                                 Member                                 President/16.01.2024.