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Anju Nair vs National Insurance Co. Ltd. & Ors.
2010 Latest Caselaw 1656 Del

Citation : 2010 Latest Caselaw 1656 Del
Judgement Date : 25 March, 2010

Delhi High Court
Anju Nair vs National Insurance Co. Ltd. & Ors. on 25 March, 2010
Author: J.R. Midha
13
*IN THE HIGH COURT OF DELHI AT NEW DELHI

                  +       MAC.APP.No.429/2009

                                 Date of Decision: 25th March, 2010
%

      ANJU NAIR                                  ..... Appellant
                           Through : Mr. Rahul Sharma and
                                     Mr. Jyoti Dutt Sharma, Advs.

                      versus

      NATIONAL INSURANCE CO. LTD. & ORS. ... Respondents
                    Through : Mr. Amit Kumar Pandey,
                              Adv. for R-1.
                              Mr. Arun Srivastava and
                              Ms. Anupama, Advs. for R-5
                              and 6 along with respondent
                              No.6.

CORAM :-
THE HON'BLE MR. JUSTICE J.R. MIDHA

1.      Whether Reporters of Local papers may                 YES
        be allowed to see the Judgment?

2.      To be referred to the Reporter or not?                YES

3.      Whether the judgment should be                        YES
        reported in the Digest?

                          JUDGMENT (Oral)

CM No.12603/2009

1. For the reasons stated in the application, the delay in

filing of this appeal is condoned,

2. CM stands disposed of.

MAC.APP. 429/2009

1. The appellant has challenged the award of the learned

Tribunal whereby compensation of Rs.17,82,208/- has been

awarded to the appellant and respondents No.5 and 6.

2. The appellant is the widow of the deceased and

respondents No.5 and 6 are the parents of the deceased.

The Claims Tribunal has awarded 1/3rd to the appellant, 1/3rd

to respondent No.5 and 1/3rd to respondent No.6.

3. The only ground urged by learned counsel for the

appellant at the time of hearing of this appeal is that the

appellant should have been awarded 60% of the award

amount and the remaining 40% should have been awarded

to respondents No.5 and 6.

4. The appellant and respondent No.6 are present in the

Court and they have agreed that the share of the appellant

may be enhanced to 50% and the shares of respondents

No.5 and 6 be reduced to 50%.

5. With the consent of the parties, the appeal is partially

allowed and the share of the appellant and respondents No.5

and 6 are fixed as under:-

(i) Share of the appellant : 50% of the award amount.

      (ii)   Share of respondents      :     50%     of  the
             award No.5 & 6                  amount.

6. Respondent No.1 has deposited the entire award

amount with the Claims Tribunal by means of three cheques

on 5th November, 2009. There is deficiency in the amount

deposited by respondent No.1.

7. In view of the modification of the shares of the parties,

the Claims Tribunal is directed to return the said cheques to

respondent No.1 within one week. Respondent No.1 is

directed to deposit fresh cheque in respect of the entire

award amount along with interest up to 31st December, 2009

with UCO Bank A/c Anju Nair, Delhi High Court Branch

through Mr. M.M. Tandon, Member-Retail Team, UCO Bank

Zonal, Parliament Street, New Delhi (Mobile No.

09310356400) within 30 days.

8. Upon the aforesaid amount being deposited, UCO Bank

is directed to release 10% of the share of the appellant (50%

of the entire award) to the appellant and 10% of the share of

respondents No.5 and 6 (50% of the entire award amount) to

respondents No.5 and 6 by transferring the same to their

respective Saving Bank Account.

9. The remaining share of the appellant (90% of 50% of

the award amount) be kept in fixed deposit in the name of

the appellant in the following manner:-

(i) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

one year.

(ii) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

two years.

(iii) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

three years.

(iv) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

four years.

(v) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

five years.

(vi) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

six years.

(vii) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

seven years.

(viii) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

eight years.

(ix) Fixed deposit of 10% of the share of the appellant

(10% of 50% of the award amount) for a period of

nine years.

10. With respect to the shares of respondents No.5 and 6,

their remaining share (90% of 50% of the award amount) be

kept in fixed deposit in the joint names of respondents No.5

and 6 in the following manner:-

(i) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of six months.

(ii) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of one year.

(iii) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of one and half years.

(iv) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of two years.

(v) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of two and half years.

(vi) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of three years.

(vii) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of three and half years.

(viii) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of four years.

(ix) Fixed deposit of 10% of the share of respondents

No.5 and 6 (10% of 50% of the award amount) for

a period of four and half years.

11. The interest on the aforesaid fixed deposits of the

appellant shall be paid monthly by automatic credit of

interest in Savings Bank Account of respondent No.5.

12. Respondents No.5 and 6 are permanent residents of

Kerala, Ernakulam and they have their bank account in UCO

Bank, Main Branch, Ernakulam. The UCO Bank is directed to

transfer the interest on the fixed deposits of respondents

No.5 and 6 monthly by automatic credit of interest in the

Savings Bank Account No.04310110001998 of respondent

No.5 with UCO Bank, Main Branch at Ernakulam.

13. Withdrawal from the aforesaid account shall be

permitted to the appellant and respondents No.5 and 6 after

due verification and the Bank shall issue photo Identity Card

to the appellant and respondents No.5 and 6 to facilitate

identity.

14. The Bank shall issue Fixed Deposit Pass Book instead of

the FDRs to the appellant and respondents No.5 and 6 and

the maturity amount of the FDRs be automatically credited to

the Saving Bank Account of the beneficiary at the end of the

FDR.

15. No loan, advance or withdrawal shall be allowed on the

said fixed deposit receipts without the permission of this

Court.

16. Half yearly statement of account be filed by the Bank in

this Court.

17. On the request of the appellant and respondents No.5

and 6, the Bank shall transfer the Savings Account to any

other branch according to the convenience of the appellant

and respondents No.5 and 6.

18. The appellant and respondents No.5 and 6 shall furnish

all the relevant documents for opening of the Saving Bank

Account and Fixed Deposit Account to Mr. M.M. Tandon,

Member-Retail Team, UCO Bank Zonal, Parliament Street,

New Delhi.

19. List for reporting compliance on 12th May, 2010.

20. Copy of the order be given dasti to counsel for both the

parties under the signatures of the Court Master.

21. Copy of this order be also sent to Mr. M.M. Tandon,

Member-Retail Team, UCO Bank Zonal, Parliament Street,

New Delhi (Mobile No. 09310356400) through the UCO Bank,

High Court Branch under the signature of Court Master.

J.R. MIDHA, J

MARCH 25, 2010 aj

 
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