M/S. Shriram General Insurance Co. Ltd., Thr Manager (Legal) v. Vidya Umakant Shivshety And ORS

2024:BHC-AUG:5180 1 fa 2408.20.odt

IN THE NATIONAL LOK ADALAT PRESIDED OVER BY

HON'BLE SHRI JUSTICE SHAILESH P. BRAHME, HELD ON 03RD MARCH, 2024, AT HIGH COURT LEGAL SERVICES SUB-COMMITTEE AT AURANGABAD FIRST APPEAL NO. 2408 OF 2020 M/s Shriram General Insurance Co. Ltd. Through Manager (Legal) .. Appellant

Versus

Vidya Umakant Shivshety and others .. Respondents Shri Anil Basarkar, Advocate for the Appellant. Shri Sabhaji S. Wakure, Advocate for the Respondent Nos. 1 to 3. ORDER :

.

Learned counsel Mr. Basarkar, for the appellant along with representative officer Mr. Sarojkumar B. Choudhari and learned counsel Mr. Sambhaji S. Wakure, along with respondents/original claimants are present before panel. They tender on record terms of compromise. Same is taken on record and marked 'X' for identification.

2.

We have ascertained the identification of the parties with the assistance of their learned counsel.

3.

Parties before the panel seek leave to dispose of first appeal in terms of compromise.

4.

It is amicably settled between the parties that the

2 fa 2408.20.odt appellant/Insurance Company has already deposited entire amount in this Court. Out of the said amount 50% of the amount has already been withdrawn by the respondents/claimants. It is agreed between the parties that out of the deposited amount the appellant/insurance company shall withdraw an amount of Rs. 4,08,093/-.

5.

An amount of Rs. 4,08,093/- (Rs. Four Lakhs Eight Thousands Ninety Three only) shall be paid to the appellant/insurance company. Balance amount deposited by the appellant/insurance company along with accrued interest, if any shall be paid to the respondents/claimants as per the award. 6.

The first appeal stands disposed of in terms of settlement Exhibit 'X' and the minutes of the order passed today. 7.

The court fees be refunded as per rules.

8.

Award be drawn up accordingly.

[A. R. Borulkar] [S. G. Shete] [Shailesh P. Brahme, J.] Advocate D. J. (Retired) Head of the Panel Member Member Date : 03.03.2024 Place : Aurangabad bsb/March24