2. R-2 / Bajaj Allianz General Insurance Co. Ltd. made an offer for settlement of the claim at Rs. 20,000/-. Mr. Manmohan Mittal / petitioner has accepted the offer.
DAR No. 874/2017 Manmohan Mittal versus Pankaj Madan & Anr. Page 1 of 3
3. Statement of Mr. Manmohan Mittal / petitioner and Mr. Sandeep Singh, Advocate for R-2 / Bajaj Allianz General Insurance Co. Ltd. recorded separately.
4. Settlement amount is just and reasonable.
5. Accordingly, an award in the sum of Rs. 20,000/- is passed in favour of the petitioner and against the respondent No. 2 / Bajaj Allianz General Insurance Co. Ltd.
6. The respondent No. 2 / Bajaj Allianz General Insurance Co. Ltd. shall make payment of the award amount within 30 days from today and in case of default, the petitioner shall be entitled to interest on the award amount @ 9% per annum from the date of Award till realization.