Shubham S/O Ganpatrao Dhawale v. Nilesh S/O Dindayal Nikose And ANR.
HIGH COURT LEGAL SERVICES SUB-COMMITTEE, NAGPUR BENCH, NAGPUR.
BEFORE THE NATIONAL LOK ADALAT FIRST APPEAL NO. 541 OF 2010 Shubham s/o Ganpatrao Dhawle Versus Nilesh s/o Dindayal Nilose and another Shri P.S. Mirache, Advocate for Appellant Shri Lalit Limaye, Advocate for Respondent No.2/Oriental Insurance Com.
O R D E R
(Passed on 13th August, 2022) Except respondent No.1, both the parties are present before the Panel and they have been identified by their respective counsel. We interacted with both the parties. They have confirmed that the matter is amicably settled between them. The settlement arrived at between the parties is on following terms:
"The present appeal is settled between the appellant and the Insurance Company/Respondent No.2 on the condition that the insurance company agrees to pay the additional amount of Rs.15,00,000/-(Fifteen Lakhs only) towards full and final settlement withing the period of 60 days from the date of award, failing which Insurance company agrees to pay the interest of 7.5% p.a. from the date of award till realization of the amount. The amount may be given to Appellant." Accordingly, the appellant does not want to proceed further. In view of that, settlement is accepted. The appeal is disposed of as settled. Court fee, if any, be refunded as per Rules.
On deposit of amount of compensation as per the settlement by the Insurance Company, the appellant is permitted to withdraw the same. Pending application(s), if any, shall stand disposed of. MEMBER MEMBER PRESIDING OFFICER (Shri J.J. Chandurkar) (Dr. N.M. Sakharkar) (Shri Justice Anil S. Kilor) Advocate Retd. D.J.
nd.thawre