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State Consumer Disputes Redressal Commission

M/S Rays Power Export Pvt. Ltd. vs Icici Lombard Gen. Insu. Co. Ltd. on 15 September, 2015

  	 Cause Title/Judgement-Entry 	    	       IN THE STATE COMMISSION  DELHI  Constituted under Section 9 of the Consumer Protection Act, 1986             Complaint Case No. CC/54/2014             1. M/S RAYS POWER EXPORT PVT. LTD.  R/O AT: 29, CO-OPERATIVE COLONY SODALA AJMER ROAD JAIPUR-302006, RAJASTHAN ...........Complainant(s)   Versus      1. ICICI LOMBARD GEN. INSU. CO. LTD.  PLOT NO. 18, BLOCK-K NEAR PVR CINEMA LAJPAT NAGAR-II, LAJPAT NAGAR, DELHI-24 ............Opp.Party(s)       	    BEFORE:      HON'BLE MRS. JUSTICE VEENA BIRBAL PRESIDENT    HON'BLE MR. O.P.GUPTA JUDICIAL MEMBER          For the Complainant:  For the Opp. Party:     	    ORDER   

15.09.2015   C-54/14 Present:       Sh. Rahul Gupta, Director of complainant company alongwith                    Sh. Dinesh Kumar Mudgal & Sh. K.C. Mudgal, Adv.

                   Sh. Navneet Kumar, Counsel for the OP.

 

          It is stated that matter has been amicably settled between the parties.  Counsel for OP submits that OP has agreed to pay Rs.30 lakh to the complainant and also the car which was involved in the accident. Director of the complainant company is present in person. It is stated that complainant has accepted the aforesaid terms of settlement.  It is stated that complainant has no objection if the present complaint case is disposed of in terms of settlement between the parties.

 

          Counsel for the OP submits that payment shall be made within four weeks from today.

 

          In view of the above settlement between the parties, the present complaint case stands disposed of as per terms stated above.

 

          Parties shall remain bound by the terms of settlement.

 

(Justice Veena Birbal) President   (O.P. Gupta) Member (Judicial)         [HON'BLE MRS. JUSTICE VEENA BIRBAL] PRESIDENT   [HON'BLE MR. O.P.GUPTA] JUDICIAL MEMBER