Monday, April 27, 2015

This Hon'ble Forum has pleased to pass an Order against LIC of India which is in favour of a Senior Citizen (a retired Govt. Teacher) to pay a sum of RS.15,000/- (Rupees fifteen thousand) only towards the non-encashment of cheque in question along with @10% compound interest per annum from dtd.28.03.2003 to till the date of order (i.e. 22.04.2015), failing which interest shall be charged @ 10% till realization on the above mentioned awarded amount.

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