Tata Aig General Insurance Company Limited v. K.Arul
HIGH COURT LEGAL SERVICES COMMITTEE, CHENNAI Saturday, the 10th day of June 2023 NATIONAL LOK ADALAT AWARD (Chapter VI and u/s 21 of Legal Services Authorities Act, 1987) Presided over by The Hon'ble Mr.JUSTICE D.BHARATHA CHAKRAVARTHY and Member :
Mr. R.Paranjothi (Retd.D.J.) Mr. K.P.P.Raja Raja Chozhan (Advocate) and C.M.P.No.9160 of 2023 (Appeal against the Judgment and Decree dated 09.12.2022 made in M.C.O.P. No.2642 of 2016 on the file of the Motor Accident Claims Tribunal at Principal Subordinate Court, Cuddalore).
M/s.TATA AIG General Insurance Company Limited, 'Samson Towers', II Floor, Pantheon Road, Egmore, Chennai - 600 008.
... Appellant / Respondent No.II
Versus
1. K.Arul ... Respondent / Petitioner
2. T.K.Perumal ... Respondent / Respondent No.I This case came up for settlement before the Lok Adalat. 1/4
Mr.J.Michael Visuvasam, learned counsel for the appellant. After mutual discussion and negotiation between both parties they arrived at a compromise to settle the matter as follows:
TERMS OF SETTLEMENT Both the parties voluntarily have come to the settlement before the Lok Adalat as follows :
(i) As against the award amount of Rs.29,95,722/- with further interest, at 7.5% per annum, the parties have agreed to settle for a total sum of Rs.35,00,000/- as full quit;
(ii) After deducting the amount, if any, already deposited, the balance sum will be deposited within a period of four weeks from the date of receipt of a copy of this order;
(iii) Upon such deposit, the claimants are entitled to withdraw the entire sum without any formal application and only upon verification of the identity. Consequently, connected miscellaneous petition is closed. M/s.TATA AIG General Insurance Company Limited, 'Samson Towers', II Floor, Pantheon Road, Egmore, Chennai - 600 008.
Counsel for the Appellant
1. K.Arul
2. T.K.Perumal Counsel for the Respondents 2/4
This Lok Adalat award is passed in terms of the above settlement.
The full court fee paid shall be refunded to the appellant in the manner provided under Section 71-A of the Tamil Nadu Court Fees and suits Valuation Act, 1955 and the Court Fees Act, 1870 as provided for under sub Sec.1 of Section 2 r/w 25 of LSA Act 1987 as amended in 1994. Judge Member Member To: The parties/Advocate concerned Copy to:
1. The Motor Accident Claims Tribunal at Principal Subordinate Court, 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 vga/grs 3/4
D.Bharatha Chakravarthy,J.
vga/grs C.M.A.990 of 2023 10.06.2023 4/4