- Court
- High Court of Gauhati
- Decided
- 10 May 2024
- Bench
- N. Unni Krishnan Nair
- Case no.
- I.A.(Civil) 391/2024
Judgment
ORDER Date : Name of the conciliators:
¶1Ms. Chandana Patowary
¶2Ms. Gita Kakati Das
11.05.2024
The case is put up before the National Lok Adalat. The matter is amicably settled between the parties. The appellant/claimant, namely, Smti. Champa Mahato, is present before the Court today. She is represented by Mr. A. K. Gupta, learned counsel. Mr. Suman Das, Assistant Manager, appears for the New India Assurance Company Limited. It is submitted by both the Claimants No. 2 & 3 and the Insurance Company's representatives that this matter is settled between the parties at an amount of Rs. 37,12,254/- inclusive of all components. This amount will be received by the claimant No. 1, namely, Smt. Champa Mahato as well as by the claimant No. 2, namely, Ms. Rani Mahato as a full and final settlement of their claim. The Insurance company will deposit the amount of Rs. 37,12,254/-within a period of 45 days from today before the Registry of the Gauhati High Court. Failure to deposit the above-mentioned amount within the stipulated time by the New India Assurance Company Limited, the above amount would carry an interest at the rate of 7% from the date of filing of the claim petition before the learned Tribunal. From the said amount of Rs. 37,12,254/-; an amount of Rs. 10,00,000/- shall be kept in a fixed deposit account in the name of Ms. Rani Mahato/Claimant No. 2, till the date, she attains the age of majority and the remaining balance of Rs. 27,12,254/-, Page No.# 4/4 shall be released to the Claimant No. 1, namely, Smt. Champa Mahato, by the Registry of this Court upon furnishing of adequate documents by the claimant for their identification and particulars of their respective Bank accounts. Statutory deposit, if any, made by the Insurance Company being not a part of the amount so settled today; the same may be released to the Insurance Company on an application made by it in this connection. The instant interlocutory application accordingly stands disposed of in terms of the amicable settlement reached between the parties. The compromise format signed by the parties is kept on record. LCRs, if any, be remitted to the concerned Tribunal. JUDGE Comparing Assistant
Case details
Parties and counsel
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Source: High Court of Gauhati, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.