24.11.2023 Present: Sh. PS Kaushal counsel for applicant with applicant.
Sh NK Singla counsel for respondent No. 1.
Sh. Anuj Mohan counsel for respondent No. 2.
The respondent No. 1 i.e. United India Insurance Company Limited filed an application seeking permission to deposit the amount as per the order of the Hon'ble State Commission, Punjab, Chandigarh dated 27.9.2021 alongwith DD No. 931396 dated 4.11.2023 for Rs. 1,77,507/-. The respondent No. 2 i.e. The New India Assurance Company Limited already deposited the amount of Rs. 1,00,000/- vide order dated 8.11.2021 in the Misc Application No. MA 10/2021. We have perused the order dated 27.9.2021 passed by the Hon'ble State Commission, Punjab, Chandigarh vide which in addition to the compensation awarded by the District Commission opposite parties No. 2 and 5 are liable to pay a sum of Rs. 1,00,000/- each to the complainants and said amount shall be paid by their respective insurance companies as per terms and conditions of the insurance policy. Out of this amount of Rs. 2,00,000/- a sum of Rs. 1,50,000/- shall be invested in the shape of FDR in the nationalized bank in the name of complainant No. 2 (minor) till attaining the age of majority. The Superintendent of this Commission is directed to deposit the amount of Rs. 1,77,507/- through the above mentioned demand draft. As the total amount deposited by the respondents became Rs. 2,77,507/- so in the light of order of Hon'ble State Commission, Punjab, Chandigarh dated 27.9.2021 the office is directed to release the 75% of the amount of Rs. 2,77,507/- i.e. Rs. 2,08,130/- in the shape of FDR in the nationalized bank in the name of complainant/applicant No. 2 (Minor) till attaining the age of majority and rest of the amount i.e. 69,377/- release in favour of complainant/applicant No. 1 against proper receipt and identification. The applicant No. 1 is directed to provide the necessary documents to the office to make an FDR in the name of applicant No. 2. Accordingly, the Execution application No. EA/33/2023 and Misc. Application No. MA/10/2021 are disposed of. No order as to costs or compensation. Copy of the order be supplied to the parties free of costs. File be consigned to the records after due compliance.
Member Member President