Orissa

Jajapur

CC/5/2023

Kenak Jena - Complainant(s)

Versus

The Authorized Signatory,Kotak Life Insurance Co.Ltd. - Opp.Party(s)

Pratap Kumar Jena & Associates.

13 May 2023

ORDER

DISTRICT CONSUMER DISPUTES REDRESSAL COMMISSION,JAJPUR
Jajpur Town ,Behind Sanskruti Bhawa n (Opposite of Jajapur Town Head Post office),At ,P.o, Dist-Jajapur,PIN-755001,ODISHA
 
Complaint Case No. CC/5/2023
( Date of Filing : 03 Jan 2023 )
 
1. Kenak Jena
W/o-Late Dhaneswar Jena,Vill-Batuoda,Kaduamagura,P.O-Batijoda,P.S-Jenapur,Dist-Jajpur
...........Complainant(s)
Versus
1. The Authorized Signatory,Kotak Life Insurance Co.Ltd.
Regd. offic eSecond Floor,BKC,Bandra,Mumbai-400051
2. Branch Manager,Kotak Life Insurance Company Ltd.
Kailash Plaza,Room No.29,2nd Floor,Link Road,Cuttack-753012
3. Turam Purty
Motivator/Adviser,Kotak Life Insurance Company Ltd,At/P.O-Gobarghati,P.S-Kalinga nagar,Dist-Jajpur
............Opp.Party(s)
 
BEFORE: 
 HON'BLE MRS. Susmita Mishra PRESIDENT
 HON'BLE MR. Sri Bibekananda Dash. MEMBER
 
PRESENT:Pratap Kumar Jena & Associates., Advocate for the Complainant 1
 BSK Legal, Advocate for the Opp. Party 1
Dated : 13 May 2023
Final Order / Judgement

On the strength of withdrawal petition filed by the complainant record is put up today..

          The complainant filed a petition through her learned Advocate with affidavit to withdraw the complaint petition as the matter has been settled Ex-curia between both the parties along with a memorandum of settlement and documents. It is submitted by the Advocate for complainant that both the parties have mutually agreed to settle the pursuance of the amicable settlement and the O.P No. 1 & 2 (Kotak Mahindra Life Insurance Co.Ltd) to pay applicable death benefit to the Complainant after deducting the premium amount and today the complainant being the  nominee with the policy No.09881873 received the amount of Rs.3,47,546/-(Rupees three Lakh Fourt six) only from the above said O.Ps bearing Cheque No.”009722/dt 26-04-2023”

Heard, as the complainant is satisfied with the O.Ps on the basis of Memorandum of settlement and jointly does not want to proceed with the case, this Commission has no hesitation to  allow the petition filed by the complainant.

            Accordingly, the petition is allowed and the present consumer complaint is withdrawn in view of the settlement of claim. and satisfaction of the complainant subject to terms and conditions of the settlement by the O.Ps.

Hence the Present Consumer complainant case is disposed of on the Occasion of 2nd National Lok Adalat .    

  Issue extract of the order to the concerned parties.  

 
 
[HON'BLE MRS. Susmita Mishra]
PRESIDENT
 
 
[HON'BLE MR. Sri Bibekananda Dash.]
MEMBER
 

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