The Oriental Insurance Co. Ltd v. Ayesha Khatun and 8 Ors

PageoNo.#o1/6 GAHC010020252024 ooooooo ooooooooooooooo ooooooooooooooooTHEoGAUHATIoHIGHoCOURTo (HIGHoCOURToOFoASSAM,oNAGALAND,oMIZORAMoANDoARUNACHALoPRADESH)o CaseoNo.o:oI.A.(Civil)/294/2024o THEoORIENTALoINSURANCEoCO.oLTD.o AoCOMPANYoREGISTEREDoUNDERoTHEoCOMPANIESoACT,o1956,oREP.oBYoITS REGIONALoMANAGER,oULUBARI,oGUWAHATI-o7,oDIST.-oKAMRUP(M),o ASSAM. VERSUSo AYESHAoKHATUNoANDo8oORS.o W/OoALIMUDDINo@oALoMIN,o VILL.-oDIGHALoJARANI,oP.S.-oMURAJHAR,oP.O.-oDIGHALJAR,oDIST.-oHOJAI,o ASSAM,oPIN-o782439. 2:MD.oSAMUDoAHMED oS/OoALIMUDDINo@oALoMIN o VILL.-oDIGHALoJARANI oP.S.-oMURAJHAR oP.O.-oDIGHALJAR oDIST.-oHOJAI oASSAM oPIN-o782439. 3:MD.oSAHIDoAHMED oS/OoALIMUDDINo@oALoMIN o VILL.-oDIGHALoJARANI oP.S.-oMURAJHAR oP.O.-oDIGHALJAR oDIST.-oHOJAI oASSAM oPIN-o782439. PageoNo.#o2/6 4:MD.oSAJIDoAHMED oS/OoALIMUDDINo@oALoMIN o VILL.-oDIGHALoJARANI oP.S.-oMURAJHAR oP.O.-oDIGHALJAR oDIST.-oHOJAI oASSAM oPIN-o782439. 5:ALAMINoAHMED oS/OoALIMUDDINo@oALoMIN o VILL.-oDIGHALoJARANI oP.S.-oMURAJHAR oP.O.-oDIGHALJAR oDIST.-oHOJAI oASSAM oPIN-o782439. 6:SANJEEBoKALITA oS/OoBHABANoCHANDRAoKALITA oR.K.B.oROAD oCHRISTIANoPATTY oP.S.-oSADAR oNAGAON oASSAM. 7:MD.oINASoABDUL oS/OoMD.oABDULoKUDDUS oKARAIGURI oP.S.-oMURAJHAR oHOJAI oASSAM. 8:KANCHANoJHA oW/OoRAMoKUMARoJHA oNSToCOLONY oKOHIMA oNAGALAND. 9:SANTOSHoKUMARoSINGH oS/OoSRIoAMARENDRAoPRASADoSINGH oWARDoNO.o3 oP.O.-oATAPUR oP.S.-oHASANPUR oSAMASTIPUR oBIHARo Page No.# 3/6 Advocate for the Petitioner : MR. S K GOSWAMI Advocate for the Respondent : MR. S SINGH (r-1) Linked Case : THE ORIENTAL INSURANCE CO. LTD VERSUS AYESHA KHATUN AND 8 ORS F ------------ Advocate for : MR. S K GOSWAMI Advocate for : appearing for AYESHA KHATUN AND 8 ORS F Linked Case : THE ORIENTAL INSURANCE CO. LTD VERSUS AYESHA KHATUN AND 8 ORS F ------------ Advocate for : MR. S K GOSWAMI Advocate for : appearing for AYESHA KHATUN AND 8 ORS F

Page No.# 4/6 BEFORE HONOURABLE MR. JUSTICE N. UNNI KRISHNAN NAIR Name of the conciliators:

¶1Ms. Chandana Patowary

¶2Ms. Gita Kakati Das (O R D E R)

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 Ayesha Khatun/Claimant No. 1 appearing on behalf of the Claimants No. 2, 3, 4 & 5(minors), are present before the Court today. The Claimants are represented by Mr. S. Singh, learned counsel.

It is submitted by both the claimants and the Insurance Company's representatives that this matter is settled between the parties at an amount of Rs. 20,50,000/- inclusive of all components. This amount will be received by the claimant No. 1 as well as by the Claimants No. 2, 3, 4 & 5, as a full and final settlement of their claim.

The Insurance company will deposit the amount of Rs. 20,50,000/-within a period of 45 days from today before the Registry of the Gauhati High Court. Failure to Page No.# 5/6 deposit the above-mentioned amount within the stipulated time by the Oriental Insurance 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.

As agreed to by the parties, the said amount of Rs. 20,50,000/- shall be released in the following manner:

(i). an amount of Rs. 2,50,000/- each, shall be released to the Claimant No. 2(Md. Samud Ahmed); Claimant No. 3(Md. Sahid Ahmed); Claimant No. 4(Md. Sajid Ahmed); and Claimant No. 5(Md. Alamin Ahmed) and shall be kept in fixed deposit accounts till they reach the age of major, before a nationalized Bank.

(ii). The remaining balance amount of Rs. 10,50,000/-, shall be released to the Claimant No. 1, namely, Ayesha Khatun, by the Registry of this Court. All the claimants have to furnish necessary documents for their identification as well as the details of their Bank account numbers.

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. Page No.# 6/6 LCRs, if any, be remitted to the concerned Tribunal.

JUDGE Comparing Assistant