BEFORE THE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM-I

U.T. CHANDIGARH

                                                            Misc. Application No.18 of 2010

in

Complaint Case No.507 of 2009

Navjot Singh  –  Complainant

                        Versus

M/s Max New York Life Insurance Co. Ltd.  –  Applicant/Opposite Party

Present:          Ms.Manpreet, Adv. proxy for Sh.Rajneesh Malhotra,  Advocate for Applicant/OP.

                        Sh.Amrinder Singh, Adv. proxy for Sh.Naresh Jain, Advocate for Complainant.

                                                            ORDER

                        The Hon’ble State Commission vide its order dated 10.12.2009 stayed the operation of the impugned order subject to deposit of 50% of the total amount awarded by the District Forum within 15 days with the concerned District Forum, which is to be disbursed subject to furnishing adequate security to the satisfaction of the District Forum. The OP filed an application for extension of time to comply with the order of the Hon’ble State Commission, which was allowed vide orders dated 28.1.2010 and granted 7 days time to deposit the amount with the District Forum. The OP through the present application deposited draft of Rs.57,614.50 in the name of Forum. The complainant was directed to furnish the security to the tune of Rs.1.00 lacs for disbursing the amount of Rs.57,614.50, but the same has not been furnished. The application be consigned. The complainant would be at liberty to receive the deposited amount from the Forum subject to furnishing adequate security. 

                        Copies of this order free of cost be supplied to the parties.

26.02.2010                          (MADHU BEHL)                        (JAGROOP SINGH MAHAL)

                                      MEMBER                                                           PRESIDENT