Punjab

Barnala

CC/210/2020

Rajesh Kumar - Complainant(s)

Versus

Tata AIG Insurance Co - Opp.Party(s)

Rahul Gupta

28 Dec 2020

ORDER

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Complaint Case No. CC/210/2020
( Date of Filing : 16 Sep 2020 )
 
1. Rajesh Kumar
aged about 46 years S/o late Ruldu ram R/o Ward No.15, Street No.4, Patel Nagar Barnala
Barnala
Punjab
...........Complainant(s)
Versus
1. Tata AIG Insurance Co
1/F,Dashmesh Complex,SCO 668,Pakhowal Road Ludhiana through its Branch Manager
Ludhiana
Punjab
2. Tata AIG Insurance Co
Corporate Office,A 501,5th floor,Building No. 4, Dindoshi Malad Mumbai 400097 through its Director
3. Axis Bank Ltd
Barnala Branch College Road Barnala having Agent Broker License Code 1891411 through its Branch manager
4. Axis Bank Ltd
College Road Barnala having Agent/Broker License code 1891411 through its Branch Manager
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MR. Sh.Kuljit Singh PRESIDENT
 
PRESENT:
 
Dated : 28 Dec 2020
Final Order / Judgement
28.12.2020 Present: Counsel for complainant.
Counsel for opposite parties No. 1 and 2.
Proxy Counsel for opposite party No. 3. 
Statement of Sh. Amit Goyal Counsel for opposite parties No. 1 & 2 recorded to the effect that the opposite parties No. 1 & 2 have decided to make the payment of Rs. 1,62,000/- to the complainant in full and final settlement of the claim in dispute in the present complaint. The Company shall make the above said payment to complainant within 30 days from today. On the other hand, statement of Sh. Sumant Goyal Counsel for complainant recorded to the effect that on behalf of complainant he agree with above said statement of Ld. Counsel for opposite parties No. 1 & 2 and he withdraw the present complaint in view of the above said statement of opposite parties No. 1 & 2 in full and final settlement of claim in question reserving his right and liberty to pursue the matter regarding revival and continuity of the policy in question. 
In view of the statements of the parties, the present complaint is dismissed as withdrawn. However, the parties are bound by their statements. Copy of the order be supplied to the parties free of costs. File be consigned to records after its due compliance.
 
President
 
 
[HON'BLE MR. Sh.Kuljit Singh]
PRESIDENT
 

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