SHATRUGHAN AGRAWAL V/S NATIONAL INSURANCE CO. LTD. - Consumer Court Case

NCDRC

RP/1653/2007

NATIONAL INSURANCE CO. LTD. - Complainant(s)

Versus

SHATRUGHAN AGRAWAL - Opp.Party(s)

R.C.MISHRA

19 Aug 2008

ORDER

Date of Filing: 11 May 2007
NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSIONNEW DELHIREVISION PETITION NO. No. RP/1653/2007
(Against the Order dated 23/02/2007 in Appeal No. 2524/2006 of the State Commission Madhya Pradesh)

1. NATIONAL INSURANCE CO. LTD.						...........Appellant(s)
Vs.
1. SHATRUGHAN AGRAWAL						...........Respondent(s)

BEFORE:

HON'BLE MR. JUSTICE K.S. GUPTA ,PRESIDING MEMBERHON'BLE MRS. RAJYALAKSHMI RAO ,MEMBER

For the Appellant :

R.C.MISHRA

For the Respondent :

NEMO

Dated : 19 Aug 2008

ORDER

Consumer Court Lawyer

Best Law Firm for all your Consumer Court related cases.

Bhanu Pratap

Featured Recomended

Highly recommended!

5.0 (615)

Bhanu Pratap

Featured Recomended

Highly recommended!

Experties

Consumer Court | Cheque Bounce | Civil Cases | Criminal Cases | Matrimonial Disputes

Phone Number

7982270319

Dedicated team of best lawyers for all your legal queries. Our lawyers can help you for you Consumer Court related cases at very affordable fee.

Dispute between the parties as is reflected in the order dated 14^th August, 2008, is with regard to rate of interest and the period from which it is to be paid. It is not in dispute that Surveyor in its report dated 13^th March, 2005 assessed the net loss at Rs. 1,7,923/-. It is also not in dispute that interest @ 12% per annum has been awarded to the respondent by the District Forum from the date of filing of complaint which was instituted on 4^th January, 2006. We have heard the Counsel of the parties. Ordinarily, amount as assessed by the surveyor is to be paid after two months of the submission of the report by the surveyor. In case of delay in payment of amount the Insurance Company has to pay interest. Thus the assessed amount ought to have been paid immediately after 13^th May, 2005. However, interest has been awarded from the said date of filing of complaint. Taking note of this fact, we are not inclined to interfere with the order of District Forum as affirmed by State Commission, whereby interest has been awarded @ 12% per annum, in revisional jurisdiction. Dismissed. No order as to costs.

......................JK.S. GUPTAPRESIDING MEMBER
......................RAJYALAKSHMI RAOMEMBER