Reliance General Insurance Company Ltd., v. Selvakumar
HIGH COURT LEGAL SERVICES COMMITTEE, CHENNAI National Lok Adalat organised by the High Court Legal Services Committee Saturday, the 13th day of May 2023 LOK ADALAT AWARD (Chapter VI and u/s 21 of Legal Services Authorities Act, 1987) Presided over by The Hon'ble Mr.JUSTICE SUNDER MOHAN and Members Mr.G.Dhanaraj, District Judge (Retd.) Mr.E.V.Chandru C.M.A.No.55 of 2023 (Appeal against the judgment and decree passed on 25.04.2022 made in M.C.O.P.No.388 of 2019 on file of the Motor Accidents Claims Tribunal, Sub-Court, Panruti.
Reliance General Insurance Company Limited Reliance House, 6th Floor No.6, Haddows Road, Nungambakkam, Chennai - 600 006.
... Appellant Vs.
1.Selvakumar 2.Thangamani (Set Exparte before the Tribunal) ... Respondents This case came up for settlement before the National Lok Adalat. Both the parties are present. The learned counsel for the Appellant Mr.Suresh Srinivasan, Insurance Company official Mr.G.B.Saravanabhavan, the learned counsel for the first respondent, Mr.Mira Aurobindo Cumar for Ramya V.Rao are present. No appearance for the second respondent. After mutual discussion, negotiation, mediation and conciliation between both parties, they arrived at a compromise to settle the matter as follows:
TERMS OF SETTLEMENT Both the parties and their respective counsel are present. 2.The above appeal filed by the Insurance Company challenging the quantum of Rs.22,27,800/- awarded by the Tribunal. 3.Parties have now arrived at compromise, and now agreed to pay a sum of Rs.24,00,000/- (Rupees Twenty Four Lakhs only) in full quit to the claimant with in a period of eight (8) weeks from today. 4.The Insurance Company shall deposit a sum of Rs.24,00,000/- (Rupees Twenty Four Lakhs only) less the amount already deposited before the Tribunal, if any, within a period of eight (8) weeks from today, failing which the Insurance Company agreed to pay interest at the rate of 7.5% per annum. On such deposit, the claimant shall be entitled to withdraw the entire amount.
5. The Tribunal is directed to follow the usual mode of payment on proper identification of the party concerned in accordance with the terms of the award without insisting on any formal permission petition. The Civil Miscellaneous Appeal is disposed of accordingly. M/s.Reliance General Insurance Company Limited Reliance House, 6th Floor No.6, Haddows Road, Nungambakkam, Chennai - 600 006.
Counsel for the Appellant Mr.Selvakumar Counsel for first respondent
This National Lok Adalat award is passed in terms of the above settlement.
The Court fee paid shall be refunded to the parties in the manner provided under the 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, Sub-Court, Panruti 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.
SUNDER MOHAN, J.
rka/dk C.M.A.No.55 of 2023 13.05.2023