JAIDA AND OTHERS vs AXIS CARRIER AND LOGISTIC LIMITED THROUGH ITS DIRECTOR AND OTHERS

Daily Lok Adalat Bench No.4 514 FAO-3731-2019 (O&M) Jaida and others Vs. Axis Carrier & Logistic Ltd and others Present:- Mr.Jamshed Ahmed, Advocate for the appellants. Mr.Punit Jain, Advocate for the respondent-Insurance Company. *** AWARD OF LOK ADALAT BENCH NO.4 As agreed, (statements of learned counsel for the appellants as well as counsel for the Insurance Company, separately recorded) a sum of Rs.30,000/- (Rupees Thirty Thousand only) over and above the amount already awarded by the Tribunal is allowed to the appellants in full and final settlement of the claim. Learned counsel for the appellants stated that agreed amount be released in favour of appellant No.1-Jaida. It was further undertaken that in case in future any claim is raised by any other claimant- appellant(s), the appellant No.1–Jaida shall indemnify the said claimant(s). Accordingly, we dispose of this case with a direction to the Insurance Company to deposit cheque of Rs.30,000/- (Rupees Thirty Thousand only) in favour of appellant No.1-Jaida with the office of the Lok Adalat of the High Court on or before 11.09.2026. Failing compliance of the order, interest @ 9% per annum shall follow on this amount till payme