Legal Manager, M/S Tata Aig General Insurance Co.Ltd v. Gagan Singh
IN THE HIGH COURT OF ORISSA AT CUTTACK
MACA No.427 of 2021 Legal Manager, M/s.TATA AIG General Insurance Co.Ltd.
....
Appellant Mr.Adam Ali Khan, Advocate -versusGagan Singh and others .... Respondents Mr.P.K.Mishra, Advocate for Respondent Nos.1 to 3
CORAM:
JUSTICE B. P. ROUTRAY
ORDER
19.5.2022 Order No.
3.
1.
Heard Mr.Khan, learned counsel for the AppellantInsurer and Mr.Mishra, learned counsel for claimant-Respondent Nos.1 to 3.
2.
Present appeal by the Insurer is against the judgment dated 30th September, 2021 of the learned 3rd M.A.C.T., Jagatsinghpur in MAC Case No.1282 of 2014, wherein compensation to the tune of Rs.22,52,000/- has been granted along with interest @ 7% per annum with effect from the date of filing of the claim application on account of death of the deceased in the motor vehicular accident on 27th December, 2013. 3.
Having heard both parties and considering the grounds of challenge advanced, a reduced compensation of Rs.21,00,000/- along with interest @6% per annum is proposed to the parties in
course of hearing. This is agreed by Mr.Mishra, learned counsel for the claimant-Respondent Nos.1 to 3. Mr.Khan, learned counsel for the Insurer leaves it to the discretion of the Court. As such, the amount is fixed to that extent.
4.
The Insurer-Appellant is directed to deposit the reduced compensation of Rs.21,00,000/- (twenty one lakhs) before the Tribunal along with interest @6% per annum from the date of filing of the claim application within a period of two months from today; where-after the same shall be disbursed in favour of the claimants on such terms and proportion to be fixed by the Tribunal.
5.
With aforesaid modification in the compensation amount, the appeal is disposed of.
6.
The statutory deposit made by the Appellant with accrued interest thereon be refunded to him on proper application and on production of proof of deposit of the award amount before the learned Tribunal.
7.
Urgent certified copy of this order be granted on proper application.
( B.P. Routray) Judge C.R.Biswal