- Court
- High Court of Gauhati
- Decided
- 13 December 2024
- Bench
- Kalyan Rai Surana
- Case no.
- MACApp. 610/2024
Judgment
ORDER Date : 14.12.2024
Mr. Nayan Choudhury, Hub In-Charge, Appeal and Specialized Claims of Bajaj Allianz General Insurance Company Ltd., the appellant along with Mr. P.N. Talukdar, learned counsel for the appellant.
¶2Respondent nos.1 to 4 along with Mr. N. Debnath, their learned counsel are present.
¶3After negotiated settlement, the parties have agreed for a total settlement amount of Rs.24,00,000/- (Rupees twenty four lakh only) as full and final settlement of all the claims of the respondent nos.1 to 4 against the judgment and award dated 04.03.2024, passed by the learned Member, Motor Accident Claims Tribunal No.2, Kamrup (M), Guwahati in MAC Case No. 1104/2021.
¶4Accordingly, the matter is settled on compromise in terms of the pre-settlement/compromise slip for the National Lok Adalat, which is made as a part of record.
¶5Both the parties shall put their signature in the pre-settlement compromise slip as token of acceptance for the settlement.
¶6Accordingly, the Bajaj Allianz General Insurance Company Ltd./appellant shall deposit the settlement amount of Rs.24,00,000/- (Rupees twenty four lakh only) in favour of the respondent nos.1 to 4 before the Motor Accident Claims Tribunal No.2, Kamrup (M), Guwahati within a period of 30 Page No.# 3/3 (thirty) days from the date of the this settlement order, failing which the amount shall carry interest @ 9% per annum till the date of deposit.
¶7On such deposit being made, out of the settlement amount, 30% of the said amount be kept in a fixed deposit account for 3 (three) years in favour of the respondent no.1 and the balance amount shall be distributed equally to the respondent no.2, 3 and 4 on satisfaction of their identity.
¶8On furnishing proof of the deposit of the entire settlement amount, the Registry shall release the statutory deposit made by the appellant.
¶9The matter is disposed of in this Lok Adalat.
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.