Shriram General Insurance Company Ltd. Through Legal Manager Mr. Satpalsingh Rajput v. Shri. Ravindra Ganpatrao Punekar And ORS.

Amk

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION FIRST APPEAL NO. 1326 OF 2018 WITH CIVIL APPLICATION NO. 4538 OF 2018 IN FIRST APPEAL NO. 1326 OF 2018 Office Notes, Office Memoranda of Coram, Appearances, court's orders or directions and Registrar's orders Court's or Judge's orders Mr. Rahul Mehta I/b KMC Legal Venture for the Appellant. Mr. Nitesh Wable I/b Umesh R. Mankapure for Respondent Nos.1 & 2. CORAM : K. K. TATED, J.

DATE : 3 rd APRIL, 2019.

P. C. :

1.

Not on board. At the request of learned Counsel for the Appellant, taken on production board.

2.

Heard learned Counsel for the parties.

3.

Both the Counsel submit that the matter is settled out of Court. They tendered Consent Terms dated 22.03.2019 duly signed by Claimants and Appellant with their Advocates.

4.

Learned Counsel Shri Wable for the Respondents submits that both the Claimants are present in Court. They entered into the witness box. They admit the contents of the Consent Terms which are explained in Marathi by their Advocates and the execution of the same. Hence, the 1/4

Consent Terms are taken on record and marked 'X' for identification which reads thus:

"CONSENT TERMS The Appellant, herein has filed the abovementioned First Appeal, challenging the Judgment and Award in MACP-140 OF 2013, by which the Appellant has been held liable to pay the compensation of Rs.18,44,400/- inclusive of N.F.L. amount /- alongwith interest @ 7%. The Respondents No.1 to 3 are the original Claimants. Considering the issue involved in the Appeal being limited to the point of quantum of compensation payable, the Appellant and the Respondent No.1 to 3 have decided to compromise the matter. The Respondent No.1 to 3 hereby agrees to compromise the matter, by accepting the principal amount of Rs 18,44,400/- (Rs.

Eighteen Lacs Forty Four Thousand Four Hundred only/-) towards full and final satisfaction/settlement of their claim for compensation and in full and final satisfaction of the impugned judgment and award dated 03/02/2018. The Respondent No:1 to 3, hereby undertakes and gives up any further claim/right/ to seek any further amount as and by way of compensation from the Appellant, by any legal proceedings and further agrees and assures the Appellant, that, she or any other person claiming to be the Legal Heir of the deceased will not file any other proceedings making any further claim for compensation. The Respondent No.1 to 3, further agrees if in future, if the above mentioned contingency/claim arises, then, the Respondent No.

1 to 3 would be sole liable to defend the same and the Appellant will not be liable to make any further payment, whatsoever.

the claim of the Respondent/claimants (Respondent No:1 to 3), by compromising the matter at this stage since the Appeal is primarily filed on the point of quantum..

The Appellant hereby agrees to settle the claim of the Respondent No:1 to 3 by making full and final payment of Rs.18,44,400/-(Rs. Eighteen Lacs Forty Four Thousand Four Hundred only/-) including NFL cost and interest towards full and final satisfaction. The said amount of Rs 18,44,400/- will be deposited in the MACT, Sangli within 4 weeks from today. The Appellant, will be entitled to withdraw the amount of Rs.25,000/- deposited by the Appellant U/Sec.173 of M.V.Act,1988 at the time of filing of Appeal. Parties agree to have no objection for the transfer of Rs.25,000/- deposited in this Hon'ble High Court to be transferred to MACT, Sangli, with further liberty to the Appellant to have withdrawn the same.

The Parties hereby jointly agree for the modification of the Award passed in the MACP No.140 of 2013 @ Sangli, in above terms and the request the Hon'ble High Court to modify the Award passed therein accordingly. 10 Since the Appeal being on the point of quantum the Notice to the remaining Respondents is obviated.

11 The impugned Judgment and Award be modified in above terms. 12 The amount of Rs.25,000/- deposited by the Appellant towards compliance of Sec.173 of the M.V.Act,1988 be transferred to the MACT, Sangli and the Appellant be allowed to kindly withdraw the same. Dated:

Mumbai Shri Ravindra G. Punekar 3/4

Org. Applicant No:1 (Respondent No.1) Sou. Asha Ravindra Punekar Org. Applicant No:2 (Respondent No.2) IDENTIFIED BY US:

KMC Legal Venture Partner Advocates for the Appellant Mr. Umesh Mankapure Advocates for the Respondent No:1 & 2"

5.

Consent Terms are accepted and be treated as part and parcel of the decree.

6.

First Appeal as well as Civil Application stand disposed of in view of Consent Terms.

[K. K. TATED, J.] 4/4