Iffco Tokio General Insurance Co. Ltd. v. Smt. Savita Anil Sable And ORS.

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION FIRST APPEAL NO.1260 OF 2017 IFFCO TOKIO General Insurance Co.

Ltd.

...Appellant

Versus

Savita Anil Sable and Ors.

...Respondents

...

Ms Varsha Chavan for the Appellant.

Ms Sangeeta Salvi for Respondent Nos.1 to 4.

CORAM: SMT. ANUJA PRABHUDESSAI, J.

DATED : 21ST SEPTEMBER, 2022.

P. C. :- 1.

By this appeal under Section 173 of the Motor Vehicles Act, 1988, the Appellant -Insurance Company has challenged the impugned judgment dated 31/08/2016 passed by the M.A.C.T, Thane, in claim Petition No.139 of 2014. By the impugned judgment the Claims Tribunal allowed the Claim Petition filed by Respondent Nos.1 to 4 and awarded compensation of Rs.12,00,084/- with interest @ 8% p.a. from the date of the petition till final realization. 2.

During the pendency of this appeal, the Appellant and Respondent Nos.1 to 4-original Claimants have entered into settlement. Learned counsel for the respective parties have placed on record the 1/5

consent terms, which read thus:- 1.The Respondent No. 1 to 4 hereinabove had filed an application bearing Application No. 139 of 2014 under section 166 of the Motor Vehicles Act, 1988 for recovery of compensation against Respondent No. 5 and the Appellants, before the Motor Accidents Claims Tribunal at Thane.

2.Anil Sitaram Sable was travelling in ST Bus bearing No. MH-14-EF-6646. There was a head on collision between the said ST Bus and a truck bearing No. MH04-H-6038 on Kalyan Nagar Highway. Anil Sitaram Sable sustained injuries on account of the impact. The respondent claimants, therefore, filed a claim for compensation before MACT, Thane against the owner and insurer of the motor truck for Rs. 100,000/-. 3.The Learned Member of the Tribunal, after going through the evidence, held that the appellant and Respondent No. 2 were jointly and severally liable to pay compensation of Rs. 12,00,084/- together with interest @ 8 % p.a. from the date of application till realization.

4.Being aggrieved by the said judgment and award dated 31st August, 2016, the Appellant filed an appeal 2/5

before this Hon'

ble High Court.

5. The appellant insurance company has deposited a sum of Rs. 17,05,216/- before MACT, Thane pursuant to order dated 20th June 2019 passed by His Lordship Justice Mr. K. K. Tated.

6.The appellant insurance company has deposited a sum of Rs. 25,000/- before this Hon'ble Court pursuant to the provisions of section 173 of the M. V. Act, 1988.

7. The appellant insurance company has not adjusted the amount of Rs. 25,000/- deposited by it under para 5 above at the time of depositing the decretal amount.

8. The parties have now arrived at a settlement. It is agreed by and between the parties that out of Rs. 17,05,216/- deposited by the appellant insurance company, an amount of Rs. 50,000/- will be paid to appellant insurance company. The balance amount together with accumulated interest thereon will be paid to Respondent No. 1 to 4.

9. Rs. 25,000/- deposited by the Appellant in this Hon'ble Court being a pre-requisite under Section 173 of Motor Vehicles Act be refunded to the Appellant with interest, if any, accrued thereon and the said amount be transferred to the Motor Accident Claims Tribunal at 3/5

Thane.

10. The Respondent claimant agree that they shall not file any appeal or any other proceedings seeking enhancement of compensation as granted to them by MACT, Thane, nor have they filed any appeal before this court. If they have filed an appeal, the same shall stand withdrawn by virtue of this consent terms. 11.The Court Fees paid by the appellant while preferring First Appeal be refunded to the appellant as per rules in force.

12. The impugned Judgment and Award dated 31st August 2016 passed by the Learned Motor Accident Claims Tribunal, Thane in M.A.C.T. Application No. 139 of 2014 shall stand modified to the above extent. 3.

The consent terms are signed by the authorised officer of the Appellant-Insurance Company and by Respondent No.1 on her own behalf and on behalf of her minor children being Respondent Nos.2 and 3. The consent terms are also signed by Respondent No.4 and respective counsel. The parties are present before the Court. They have identified their signatures and admitted the contents of the consent terms. Hence, the consent terms are taken on record and 4/5

marked 'X' for identification. The statement made in the consent terms is accepted as an undertaking to the Court.

4.

The appeal stands disposed of in view of the consent terms filed by the parties.

5.

Statutory deposit of Rs.25,000/- be transferred to M.A.C.T., Thane and be paid to the Appellant-Insurance Company along with interest accrued thereon.

6.

Court fees, as permissible under the rules be refunded. 7.

An amount of Rs.50,000/- out of the compensation of Rs.17,05,216/- be refunded to the Appellant-Insurance Company. With consent, out of the balance amount, 50% of the compensation with proportionate interest accumulated thereon be paid to Respondent No.1 and 10% with proportionate interest accrued thereon be paid to Respondent No.4 Since Respondent Nos.2 and 3 are minors, 20% each with proportionate interest accrued thereon be invested in their names in fixed deposit in any nationalised bank.

8.

Pending application (s), if any, stand (s) disposed of. (SMT. ANUJA PRABHUDESSAI, J.) Digitally signed by MEGHA S PARAB Date:

2022.10.07 14:15:27 +0530 MEGHA S PARAB 5/5