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Bharath Babu vs National Insurance Company ...
2022 Latest Caselaw 4204 Ker

Citation : 2022 Latest Caselaw 4204 Ker
Judgement Date : 7 April, 2022

Kerala High Court
Bharath Babu vs National Insurance Company ... on 7 April, 2022
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE C.S.DIAS
THURSDAY, THE 7°* DAY OF APRIL 2022 / 17TH CHAITHRA, 1944

MACA NO, 2056 OF 2017

AGAINST THE AWARD DATED 30.11.2016 IN OP (MV) NO.923/2015 OF
THE PRINCIPAL MOTOR ACCIDENT CLAIMS TRIBUNAL , KOZHIKODE

APPELLANT/CLAIMANT :

BHARATH BABU,

(S/O. LATE) BABU,

AGED 2] YEARS

RESIDING AT KANNEERIPPIL HOUSE,
P.O KATTIPPARA, VIA THAMARASSERY,
KOZHIKODE.

BY ADV SMT.K.V.RESHMI

RESPONDENT/2ND RESPONDENT;

NATIONAL INSURANCE COMPANY LIMITED DO: NOOR COMPLEX, NEAR SBT, ARAYEDATHUPALAM, MAVOOR ROAD, KOZHIKODE, REPRESENTED BY ITS MANAGER.

BY ADVS. SRI.P.JACOB MATHEW SRI.MATHEWS JACOB SR.

THIS MOTOR ACCIDENT CLAIMS APPEAI, HAVING COME UP FOR ADMISSION ON 07.04.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

M.A.C.A.NO. 2056/2017

Dated this the 7 day ef April,2022 ILUDGMENT

The appeal is filed by the petitioner in O.P(M.V) No.923/2015 on the file of the Principal Motor Accidents Claims Tribunal, Kozhikode, seeking enhancement of compensation.

2. On the suggestion made by this Court, the appellant and the respondent agreed to explore the possibility of settling their dispute through direct negotiation.

3. Pursuant to the settlement talks held in this Court, the above parties have arrived at an amicable settlement as per the terms and conditions in the Joint Memo of Settlement dated 21.03.2022, signed by the parties and countersigned by the respective counsel.

4. I have perused the Joint Memo of Settlement dated 21.03.2022 and found that the compensation

amount agreed between the parties to be just and

M.A.C.A.NO. 2056/2017

-:3i-

reasonable, and that the settlement is in accordance with law.

In the result, the appeal is allowed as per the terms and conditions in the Joint Memo of Settlement dated 21.03.2022, which shall form part of the judgment.

This Court places on record its appreciation for both the appellant as well as the respondent-insurer in harmoniously settling the dispute and putting an end to the litigation, and also for saving the precious

judicial time.

Sd/-

C.S.DIAS, JUDGE

DST/07.04.22 {True copy/

P.A.To Judge

BEFORE THE HON'BLE HIGH COURT OF KERALA AT ERNAKULAM

MACA 2056 / 2017 Bharath Babu : Appellant

Vs

National Insurance Co.Ltd. : Respondent

JOINT MEMO OF SETTLEMENT AND PRAYER FOR PASSING JUDGMENT IN TERMS OF THE SETTLEMENT The above Appeal is filed by the appellant for enhancement of the quantum of compensation awarded. The matter has been discussed between the appellant and the respondent and it has been agreed to settle the case on the following terms and conditions.

The appellant above named and the respondent have willingly arrived at a compromise to settle the claim in full and final settlement for Rs.2,66,000/-(Rupees Two Lakh Sixty Six Thousand Only) inclusive of the cost and interest. The appellant has agreed to relinquish the entire further claim in the claim petition and the appeal. No threat, coercion or undue influence is applied. There is no mistake in arriving at the settlement either. We humbly request this Hon'ble Court to record this joint statement and to pass a Judgment in terms thereof.

We further state that the above named Respondent has agreed to deposit cheque/cheques in the MACT or fund transfer to the account of the petitioner an amount of Rs.2,66,000/-(Rupees Two Lakh Sixty Six Thousand Only) as directed by this 1on'ble Court within 30 days of the receipt of the Judgment of the Hon'ble Court. .

Dated this the 21* day of March 2022 tS

Bharath Babu N Appellant Respo eh

ga Rashmi.K.V P.Jacob Mathew

Advocate for the Appellant Advocate for the Respondent

 
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