Chandigarh

DF-II

CC/158/2011

Pushkar Julka, - Complainant(s)

Versus

The Max New York Life Insurance Co. Ltd, - Opp.Party(s)

Deepak Aggarwal

25 Apr 2013

ORDER


CHANDIGARH DISTRICT CONSUMER DISPUTES REDRESSAL FORUM-IIPlot No. 5-B, Sector 19-B, Madhya marg, Chandigarh - 160019
CONSUMER CASE NO. 158 of 2011
1. Pushkar Julka,R/o # 748, Sector 2, distt. Panchkula HR. ...........Appellant(s)

Vs.
1. The Max New York Life Insurance Co. Ltd,Regd. Office at Max House, 3rd Floor, 1 Dr. Jha Marg, Okhla, New Delhi-110020, through its Director.2. The Manager/Branch Head Max New York Life Insurance Co. Ltd,Having Branch Office at SCO No. 36-37-38, Sector 8, Madhya Marg, 2nd Floor, Chandigarh. ...........Respondent(s)


For the Appellant :Deepak Aggarwal, Advocate for
For the Respondent :

Dated : 25 Apr 2013
ORDER

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BEFORE THE DISTRICT CONSUMER DISPUTES REDRESSAL FORUM–II, U.T. CHANDIGARH

Consumer Complaint No.158 of 2011

 

Pushkar Julka         Vs.     The Max New York Life Insurance Company                                                 Limited & anr.                                             

PRESENT:

Sh.Deepak Aggarwal, Counsel for Complainant.

Sh.Rajneesh Malhotra, Counsel for OPs.

 

Dated the 25th day of April, 2013

ORDER

          Sh.Rajneesh Malhotra, Counsel for OPs, has made the following statement, recorded separately;-

“The Opposite Parties(OPs) offer to cancel the Polices and refund premium amount of Rs.25,000/- for Policy No.701066029 and Rs.30,000/- for Policy No.801807025 to the complainant in full & final settlement of the dispute. The above said amount shall be paid to the complainant within 45 days from today.”

 

            Sh.Deepak Aggarwal,Counsel for Complainant, has accepted the offer and has made the following statement, recorded separately;-

“I have gone through the statement made by Sh.Rajneesh Malhotra,Counsel for OPs. As per the instructions of the complainant, I accept the offer. The complaint be disposed of accordingly.”

 

          In view of the said statements of counsel for the parties, it is ordered that OPs shall cancel the Polices and refund premium amount of Rs.25,000/- for Policy No.701066029 and Rs.30,000/- for Policy No.801807025 to the complainant in full & final settlement of the dispute, within 45 days from today i.e. 25.04.2013, failing which the OPs shall pay the above said amounts along with interest @18% p.a. from today i.e. 25.04.2013 till the payment is made. The parties shall be bound by the statements made before this Forum.

            Hence, the complaint is disposed of accordingly. The miscellaneous application bearing MA No.49 of 2013 filed by OPs also stands disposed of accordingly.

            Certified copy of this order be communicated to the parties free of cost. After compliance file be consigned.

 

            Sd/-                                          Sd/-                                          Sd/-

(JASWINDER SINGH SIDHU)       (LAKSHMAN SHARMA)           (MADHU MUTNEJA)

MEMBER                                  PRESIDENT                                MEMBER

 


MRS. MADHU MUTNEJA, MEMBERHONABLE MR. LAKSHMAN SHARMA, PRESIDENT MR. JASWINDER SINGH SIDHU, MEMBER