Dipak Saikia v. Binod Kr. Harlalka and 2 Ors

PageoNo.#o1/3 GAHC010046502023 ooooooo ooooooooooooooo ooooooooooooooooTHEoGAUHATIoHIGHoCOURTo (HIGHoCOURToOFoASSAM,oNAGALAND,oMIZORAMoANDoARUNACHALoPRADESH)o CaseoNo.o:oMACApp./245/2023o DIPAKoSAIKIAo S/OoSRIoRUPRAMoSAIKIAo RESIDENToOFoSAKRAHI,oPOoDIKRONG,oPSoNARAYANPURo,DISTo LAKHIMPUR,oASSAMo784164o PRESENTLYoRESIDINGoAToVILLAGEoSOTIAoCHUK,oPOoANDoPSoGOHPUR,o DISToBISWANATH,oASSAM VERSUSo BINODoKR.oHARLALKAoANDo2oORS.o S/OoLATEoSAHANLALoHARLALKAo RESIDENToOFo206,oDHANUKAoCOMPLEXoBLOCK,oA.ToROAD,oATHGAON,o GUWAHATIo,oDISToKAMRUPo,o781001,oASSAM 2:MR.oJAYANTAoSAIKIA oS/OoBENUoSAIKIAo VILLAGEoCHOULDHARA oPOoBOGINADI oPSoBOGINADI oDISToLAKHIMPUR oASSAMo787032 3:THEoNEWoINDIAoASSURANCEoCO.oLTD. oREPRESENTEDoBYoITSoBRANCHoMANAGER oA.ToROADoBRANCH oA.ToROAD GUWAHATI oOPP.oTOoPOLICEoRESERVE oABOVEoUBIoROAD oDISToKAMRUPo oASSAMo78100o AdvocateoforotheoPetitionerooooo:oMRoPoNEOGo AdvocateoforotheoRespondento:oMR.oKoKoBHATTAoo oooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo Page No.# 2/3 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 appellant/claimant, namely, Dipak Saikia, is present before the Court today. He is represented by Mr. P. Neog, learned counsel.

Mr. Suman Das, Assistant Manager, appears for the New India Assurance Company Limited.

It is submitted by both the claimant and the Insurance Company's representatives that this matter is settled between the parties at an amount of Rs. 24,50,000/-, inclusive of all components. This amount will be received by the claimant as a full and final settlement of his claim.

The Insurance company will deposit the amount of Rs. 24,50,000/- within a period of 45 days from today before the Registry of the Gauhati High Court. Failure to Page No.# 3/3 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.

Out of the amount of Rs. 24,50,000/-; an amount of Rs. 10,00,000/- shall be kept as a fixed deposit in the name of the appellant/claimant, herein, before a nationalized Bank at least for a period of 3 years. The claimant, herein, will be entitled to withdraw the balance amount from the Registry upon furnishing of adequate documents for identification and details of the 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 appeal 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