Divisional Manager,M/S.Reliance G.I.Co.Ltd. v. Ralia Nial@Naik

IN THE HIGH COURT OF ORISSA AT CUTTACK

MACA NO.799 OF 2018 Divisional Manager, Reliance G.I.Co. Ltd.

...

Appellant Mr. S. Satpathy, Advocate -versusRalia Nial @ Naik & Others ...

Respondents Mr. U.K. Barik, 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. U.K. Barik, 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.7,00,000/-(Rupees Seven Lakhs) to the claimants-respondents as against the award passed vide the impugned judgment dated 18.4.2018 in MAC No.75 of 2013(T) by the learned Additional District Judge-cum-Member 4th MACT, Bhawanipatna

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.7,00,000/-(Rupees Seven Lakhs) 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. Since Mr. Satapathy, brought to the notice of this Court that there is violation of the Policy condition, Right of Recovery as against the owner is also allowed.

7. 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