Royal Sundaram Alliance Insurance Co. Ltd. v. S. Mathiazhagan

HIGH COURT LEGAL SERVICES COMMITTEE, CHENNAI National Lok Adalat organised by the High Court Legal Services Committee Saturday, the 11th February 2023 LOK ADALAT AWARD (Chapter VI and u/s 21 of Legal Services Authorities Act, 1987) Presided over by The Hon'ble Mr.JUSTICE SATHI KUMAR SUKUMARA KURUP and Members Mr.M.Pughazhendi, District Judge (Retd.) Mr.R.Singaravelan, Senior Advocate C.M.A.No.878 of 2022 (Appeal against the judgment and decree passed in M.C.O.P.No.2663 of 2016 dated 10.11.2021 on the file of the Motor Accidents Claims Tribunal (Special Sub Judge) at Cuddalore.

Royal Sundaram Alliance Insurance Co.Ltd., SubramaniamBuilding, 2nd Floor, 1, Club House Road, Anna Salai, Chennai Appellant Vs 1.S.Mathiazhagan 2.M.Muthulakshmi 3.K.Thangavel Respondents This case is taken up for settlement before the National Lok Adalat. Mr.M.Krishnamoorthy, learned counsel for the Appellant and M/s.Ramya V.Rao, learned counsel for the Respondents 1 and 2 are present before this Court.

TERMS OF SETTLEMENT The Tribunal has awarded a sum of Rs.31,41,000/- along with interest at the rate of 7.5% per annum. Aggrieved by the said award amount, the Appellant/Insurance Company preferred this Appeal.

2. After passing the award, the Insurance Company had deposited 50% of the award amount along with proportionate interest.

3. During the pendency of the Appeal, the Insurance Company arrived at a settlement, thereby, the Claimants/Respondents have agreed to receive modified sum of Rs.35,00,000/- in full quit.

4. The second respondent/Insurance Company is directed to deposit the balance amount within a period of four weeks from today (11.02.2023).

5. The Respondent/Claimants are entitled to withdraw the amount deposited in trial Court and the modified balance amount as stated at Para No.3 above. Consequently, connected miscellaneous petition, if any, is closed.

Royal Sundaram Alliance Insurance Co.Ltd., Subramaniam Building, 2nd Floor, 1, Club House Road, Anna Salai, Chennai Counsel for Appellant

1.S.Mathiazhagan 2.M.Muthulakshmi 3.K.Thangavel Counsel for Respondents This Lok Adalat award is passed in terms of the above settlement. The full Court fees paid shall be refunded to the parties in the manner provided under Court Fees Act, 1870 as provided for under sub Sec.1 of Section 21 r/w 25 of LSA Act 1987 as amended in 1994. Judge Member Member To:The parties/Advocate concerned Copy to:

1.The Motor Accidents Claims Tribunal, (Special Sub Judge) at Cuddalore.

2.The Secretary, High Court Legal Services Committee, Chennai. 3.The Section Officer, V.R.Section, High Court, Madras. 4.The Section Officer, Lok Adalat Section, High Court, Madras.+2 copies

SATHI KUMAR SUKUMARA KURUP, J.

dna/dh C.M.A.No.878 of 2022 11.02.2023