National Insurance Company Limited v. Suresh Patel,
HIGH COURT LEGAL SERVICES COMMITTE, MADURAI Madurai Bench of Madras High Court, Madurai - 625023 Saturday the 8th day of June 2024 NATIONAL LOK ADALAT AWARD (Chapter VI and u/s 21 or Legal Services Authorities Act, 1987) Presided Over by The Honourable Mrs Justice L.VICTORIA GOWRI and Members Mr.I.Pandurangan and M/s. S.C.JeyaIndra Patel CMA(MD) No.1290 of 2023 (Appeal against the judgment and decree passed on 14/03/2022 in MCOP.59/2011 on the file of the Principal Sub Court Tenkasi) NATIONAL INSURANCE COMPANY LIMITED Through its Divisional Manager, 2nd Floor, Cetty Street, Opposite Bus Stand, Tiruchencode. ...Appellant
Versus
1. Suresh Patel,
2. Karuthathurai,
3. Ramachandran,
4. United India Insurance Co., Ltd., Through its Divisional Manager, 2nd Floor, Neel Complex, Tenkasi, (R2 and R4 set exparte in Tribunal - Notice dispensed with)
...Respondents
This case came up for settlement before the Lok Adalat. Both the parties present. The counsel for the appellant Mr.J.S.Murali and the counsel for the 1st respondent, Mr.K.Essakidurai are present. After mutual discussion, negotiation, mediation and conciliation between both parties and with the assistance of the Bench, both sides consented for settlement. AWARD After mutual discussion, negotiation, mediation and conciliation, both parties agreed to settle the matter for a sum of Rs.42,00,000/- (Rupees Forty Two Lakhs only) along with interest 1/3
at the rate of 7.5% per annum from the date of petition till realization and costs. The 1st respondent / claimant is not entitled to claim interest for the default period from 02.08.2012 to 17.06.2014.
The Appellant / Insurance Company is directed to deposit the award amount with interest and costs after deducting the amount already deposited if any, within a period of eight (8) weeks. On such deposit being made, the 1st respondent / claimant is permitted to withdraw the award amount.
The Divisional Manager, NATIONAL INSURANCE COMPANY LIMITED, 2nd Floor, Cetty Street, Opposite Bus Stand, Tiruchencode. Counsel for the Appellant Suresh Patel Counsel for the 1st Respondent Ramachandran 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 69-A of the Tamilnadu Court Fees and Suits Valuation Act, 1955 and 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. The Original of the award shall be place in the court record and copy of the award, kept with High Court Legal Services Committee and one copy each is furnished to both parties free of cost.
In agreement of the above, both parties and their counsel have affixed their signatures/ thumb 2/3
impressions in presence of the Lok Adalat Bench admitting the terms and today conditions and accordingly, the award is passed.
JUDGE MEMBER MEMBER To: The Parties/Advocate concerned Copy To
1. Principal Sub Court Tenkasi.
2. The Officer-in-Charge, High Court Legal Services Committee, Madurai.
3. The Section Officer, V.R. Section, Madurai Bench of Madras High Court, Madurai. Typed By MAHALAKSHMI PA To The Hon'ble Judges 3/3