Divisional Manager,Reliance G.I.Co.Ltd. v. Prafulla Ku.Swain

IN THE HIGH COURT OF ORISSA AT CUTTACK

MACA NO.129 OF 2016 Divisional Manager, Reliance G.I.Co. Ltd.

...

Appellant Mr. S. Satpathy, Advocate -versusPrafulla Ku. Swain & Another ...

Respondents Mr. D. Mund, Advocate COROM:

JUSTICE BIRAJA PRASANNA SATAPATHY

ORDER

12.03.2022 01.

1. This appeal is taken up in the 1st National Level Lok Order No Adalat through virtual/physical mode in presence of the Advocates/representatives of both the appellant-Insurance Company and claimants-respondents.

2. Heard Mr. Subrat Satpathy, learned counsel for the appellant-company and Mr. D. Mund, learned counsel and associates for the claimants-respondents.

3. As agreed by both the parties, a compromise was effected wherein it has been decided that the appellant-company shall pay a consolidated sum of Rs.7.50,000/-(Rupees Seven Lakhs Fifty Thousand) to the claimants-respondents as against the award passed vide the impugned judgment dated 15.7.2015 in MAC No.01 of 2012 by the learned Additional District Judge-cum-3rd MACT, Dharmagarh.

4. As agreed by the parties, the appeal is disposed of with a direction that the appellant-company shall pay the compromise amount of Rs.7,50,000/-(Rupees Seven Lakhs Fifty Thousand) to the claimants-respondents within a period of eight weeks from the date of receipt of copy of the order.

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5. It is further directed that only after payment of the aforesaid agreed amount, the appellant-company will be permitted to take back the statutory deposit along with the accrued interest thereon from the Registry of this Court.

6. The compromise petition filed by both the parties be kept on record.

8. The MACA is accordingly disposed of.

(Biraja Prasanna Satapathy, J.) 1st National Lok Adalat sangita