Haryana

StateCommission

MA/62/2018

ICICI Prudential Life Insurance Company Limited - Complainant(s)

Versus

Sumitra Devi - Opp.Party(s)

01 May 2018

ORDER

STATE CONSUMER DISPUTES REDRESSAL COMMISSION HARYANA, PANCHKULA

     

                                                          Civil Misc. No.62 of 2018 in

                                                          First Appeal No.361 of 2016

Date of Institution: 27.03.2018

Date of Decision: 01.05.2018

 

1.     ICICI Prudential Life Insurance Company Limited, ICICI Venture House, 3^rd and 4^th Floor, Appasaheb Marathe Marg, Prabhadevi, Mumbai-400025.

2.     ICICI Prudential Life Insurance Company Limited, Plot No.48, Neelam Bata Road, NIT, Faridabad-121001.

                           …..Applicants-Appellants

Versus

1.      Sumitra Devi wife of late Shri Suresh Kumar Yadav,

2.      Kuldeep Singh son of late Shri Suresh Kumar Yadav,

3.      Raju son of late Shri Suresh Kumar Yadav,

          All residents of House No.462, Sector 16, Faridabad.

.....Respondents-Complainants

 

 

CORAM:   Hon’ble Mr. Justice Nawab Singh, President.

                   Shri Balbir Singh, Judicial Member.

                                                                                                                                  

Present:     Shri Hitender Kansal, counsel for the applicants.

 

O R D E R

 NAWAB SINGH, J. (ORAL)

 

 A complaint titled ‘Sumitra Devi and others Versus ICICI Prudential Life Insurance Company Limited and another’ was allowed by District Consumer Disputes Redressal Forum, Faridabad (District Forum) vide order dated March 14^th, 2016.

2.      Aggrieved of the said order, ICICI Prudential Life Insurance Company Limited-opposite parties (Insurance Company) filed appeal before this Commission. The Insurance Company vide order dated May 20^th, 2016 deposited the entire amount awarded by the District Forum alongwith interest, that is, Rs.12,57,026/- before this Commission. By passing the order dated September 12^th, 2017, this Commission accepted the appeal and ordered that statutory amount of Rs.25,000/- deposited at the time of filing the appeal be refunded to the Insurance Company (appellants).

3.      By filing this application, Insurance Company has prayed that since the appeal has been accepted, the statutory amount and Rs.12,57,026/- lying deposited with this Commission be refunded to it.  

4.      In view of this, the statutory amount of Rs.25,000/- and Rs.12,57,026/- lying deposited with this Commission be refunded to the applicants against proper receipt and identification in accordance with rules.

5.      Disposed of accordingly.

 

May 01st, 2018

Balbir Singh Judicial Member

Nawab Singh President

(D.R.)