Madras High CourtCMA(MD)/520/2023settled before the lokadalats

The Branch Manager v. Jeyapal

2024-03-09Honourable Mr Justice K.K. Ramakrishnan3 pages

HIGH COURT LEGAL SERVICES COMMITTE, MADURAI Madurai Bench of Madras High Court, Madurai - 625023 Saturday the 9th day of March 2024 NATIONAL LOK ADALAT AWARD (Chapter VI and u/s 21 or Legal Services Authorities Act, 1987) Presided Over by The Honourable Mr Justice K.K. RAMAKRISHNAN and Members Mr.G.P.Elango, District Judge(Retired) , Mr.P.Ganapathi Subramanian, Advocate CMA(MD)No.520 of 2023 (Appeal against the judgment and decree passed on 10.12.2021 in MCOP. 380/2020 on the file of the Principal District Judge, Pudukottai) The Branch Manager, M/s.The Oriental Insurance Company Limited, No.3607/21, 2nd Floor, Sathiyamurthy Road, Pudukottai Town, Taluk, Pudukottai District.

...Appellant

Versus

1.Jeyapal, S/o.Nagarajan, Thannangudi, Irunthirapatti, Illuppur Taluk, Pudukottai District. ...

1st Respondent 2.Nagarajan, (given up) This case came up for settlement before the Lok Adalat. Both the parties present. The counsel for the appellant Mr.C.Jawahar Ravindran and the counsel for the first respondent Mr.D.Ramesh Kumar 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 Both the parties are present along with their respective counsels. They arrived at a settlement. The claimants agreed to receive a sum of Rs. 4,25,000/-with interest at the rate of 7.5% per annum for which the appellant also conceded to them.

2.Considering the settlement arrived between the parties, the appellant is directed to deposit a sum of Rs.4,25,000/- along with interest at the rate of 7.5% per annum before the Tribunal, less the amount already deposited if any. On such deposit being made, the claimant/first respondent is permitted to withdraw the said amount of Rs.4,25,000/- (Rupees Four Lakhs Twenty Five Thousand only) with accrued interest and cost by filing necessary application before the Tribunal. The Branch Manager, M/s.The Oriental Insurance Company Limited, No.3607/21, 2nd Floor,Sathiyamurthy Road, Pudukottai Town, Taluk,Pudukottai District.

Counsel for the Appellant Jeyapal, S/o.Nagarajan, Counsel for the first Respondent 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 in1994.

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 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. The Principal District Judge, Pudukottai

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.

vsg