Oriental Insurance Company Limited v. Shanti Malar and 3 Ors

ORDER Date : 14.12.2024

Mr. R. Pathak, Deputy Manager, Oriental Insurance Co. Ltd. is present.

¶2Smt. Shanti Malar, respondent no.1 along with Mr. A.N. Iqbal, her learned counsel is present.

¶3After negotiated settlement, the parties have agreed for a total settlement amount of Rs.13,00,000/- (Rupees thirteen lakh only) as full and final settlement of all the claims of the respondents against the judgment and award dated 12.04.2022, passed by the learned Member, Motor Accident Claims Tribunal No.2, Kamrup (M), Guwahati in MAC Case No. 1304/2017.

¶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. Page No.# 3/3

¶6Accordingly, the Oriental Insurance Co. Ltd./ appellant shall deposit the settlement amount of Rs.13,00,000/- (Rupees thirteen lakh only) in favour of the respondent nos. 1 to 3 before the Motor Accident Claims Tribunal No.2, Kamrup (M), Guwahati within a period of 30 (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, Rs.2,00,000/- (Rupees two lakh only) each be kept in a fixed deposit account in the name of respondent nos. 2 and 3, who are minors till they attain the age of majority and the balance amount shall be paid to the respondent no.1 on satisfaction of her 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

PageoNo.#o1/3 GAHC010139252022 ooooooo undefined ooooooooooooooo ooooooooooooooooTHEoGAUHATIoHIGHoCOURTo (HIGHoCOURToOFoASSAM,oNAGALAND,oMIZORAMoANDoARUNACHALoPRADESH)o CaseoNo.o:oMACApp./418/2022o ORIENTALoINSURANCEoCOMPANYoLIMITEDo AoCENTRALoGOVT.oUNDERTAKINGoHAVINGoITSoREGIONALoOFFICEoATo GUWAHATI,oGSoROAD,oULUBARI,oGUWAHATIo781007,oREPRSENTEDoBYo THEoDEPUTYoMANAGER,oGAUHATIoREGIONALoOFFICE,oULUBARIo GUWAHATIo781005 VERSUSo SHANTIoMALARoANDo3oORSo W/OoLATEoRABEToMALAR,o RESIDENToOFoVILLAGEoNO.2oDEJOOPATHAR,oPOoKHELMATI,oPSoNORTHo LAKHIMPUR,oDISToLAKHIMPUR,oASSM,o787031 2:MISSoLILIoMALAR oD/OoLATEoRABEToMALAR o RESIDENToOFoVILLAGEoNO.2oDEJOOPATHAR oPOoKHELMATI oPSoNORTHoLAKHIMPUR oDISToLAKHIMPUR oASSM o787031 3:SRIoSEBESTIANoMALAR oS/OoLATEoRABEToMALAR o RESIDENToOFoVILLAGEoNO.2oDEJOOPATHAR oPOoKHELMATI oPSoNORTHoLAKHIMPUR oDISToLAKHIMPUR oASSM o787031 Page No.# 2/3 4:MD. ABDUL RASID S/O LATE AYUB ALI RESIDENT OF VILLAGE SENSOWAGAON PO AND PS PANIGAON DIST LAKHIMPUR ASSAM 78705 Advocate for the Petitioner : MS R D MAZUMDAR, MS. C MOZUMDAR,MR. S P SHARMA Advocate for the Respondent : MR D MONDAL, MR A N IQBAL BEFORE HONOURABLE MR. JUSTICE KALYAN RAI SURANA