Oriental Insurance Co. Ltd v. Mantu Deka and 3 Ors

ORDER 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 applicant Oriental Insurance Company Limited, represented by Mr. Sudip Bandyopadhya, Regional Manager and Mr. T. P. Meetei, Manager, as well as Mantu Deka/Claimant No. 1 who has appeared also on behalf of the Claimant No. 2(Gagan Deka), are present before the Court today. The Claimants are represented by Mr. N. I. Choudhury, learned counsel. It is submitted by the claimants and the representatives of the Insurance Company that this matter is settled between the parties at an amount of Rs. 8,10,000/- inclusive of all components. This amount will be received by the claimant No. 1 as well as by claimant No. 2, as a full and final settlement of their claim. The Insurance company will deposit the amount of Rs. 8,10,000/-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 Oriental Insurance Page No.# 3/3 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. The amount of Rs. 8,10,000/- shall be released to the Claimants No. 1 & 2 in equal proportion, upon furnishing of adequate documents for their identification and also upon processing the details of their respective Bank account particulars. 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

PageoNo.#o1/3 GAHC010012252024 ooooooo ooooooooooooooo ooooooooooooooooTHEoGAUHATIoHIGHoCOURTo (HIGHoCOURToOFoASSAM,oNAGALAND,oMIZORAMoANDoARUNACHALoPRADESH)o CaseoNo.o:oI.A.(Civil)/209/2024o ORIENTALoINSURANCEoCO.oLTDo HAVINGoITSoREGISTEREDoOFFICEoAToORIENTALoHOUSE,oAo25/27oASAFoALIo RAOD,oNEWoDELHIo110002oANDoREGIONALoOFFICEoAToGUWAHATIo07,o REPRESENTEDoBYoTHEoREGIONALoMANAGER VERSUSo MANTUoDEKAoANDo3oORS.o RESIDENToOFoVILLAGEoRADHAKUCHI,oPOoKARARA,oPSoBAIHATAo CHARIALI,oDISToKAMRUPo,oASSAMo781381 2:SRIoGAGANoDEKA oRESIDENToOFoVILLAGEoRADHAKUCHI oPOoKARARA oPSoBAIHATAoCHARIALI oDISToKAMRUPoMoASSAMo781381 3:MD.oFIROJoALI oS/OoMD.oKHORSANoALI o RESIDENToOFoVILLAGEoJATIYAoBHANGRA oPOoLOCH oPSoBAIHATAoCHARIALI oDISToKAMRUPoMoASSAMo781381 4:MD.oSAMSULoALI oS/OoMD.oRAHMANoALI o RESIDENToOFoVILLAGEoJATIYAoBHANGRA oPOoLOCH oPSoBAIHATAoCHARIALI oDISToKAMRUPoMoASSAMo78138o Page No.# 2/3 Advocate for the Petitioner : MR SISHIR DUTTA Advocate for the Respondent : BEFORE HONOURABLE MR. JUSTICE N. UNNI KRISHNAN NAIR