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Future General Total Insurance ... vs )Tmt.K.Veeralakshimi
2021 Latest Caselaw 17576 Mad

Citation : 2021 Latest Caselaw 17576 Mad
Judgement Date : 26 August, 2021

Madras High Court
Future General Total Insurance ... vs )Tmt.K.Veeralakshimi on 26 August, 2021
                                                                        CMA(MD)No.753 of 2021

                          BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT

                                                DATED : 26.08.2021

                                                     CORAM :

                            THE HONOURABLE MR.JUSTICE V. BHARATHIDASAN
                                               and
                              THE HONOURABLE MRS.JUSTICE J.NISHA BANU

                                             CMA(MD)No.753 of 2021
                                                     and
                                             CMP(MD)No.6885 of 2021

                     Future General Total Insurance Solutions
                     Through its Manager, Regional Office,
                     Having Office at 3rd Floor, Sri Ram Centre,
                     P.P. Chavadi,
                     Theni Main Road-625 016,
                     Madurai District.                                     ... Appellant

                                                        vs.

                     1)Tmt.K.Veeralakshimi
                     2)Tmt.Rajathi
                     3)P.Muthurakku
                     4)M.Muthupandi
                     5)Minor Sakthivel
                     (Minor is represented through its Mother/
                     Guardian Tmt.Veeralakshmi)
                     6)M.Haithar Ali                                       ... Respondents

                               Appeal filed under Section 173(1) of the Motor Vehicles Act,
                     1988, against the judgment and decree in MCOP.No.209 of 2018 dated
                     24.10.2019 on the file of Motor Accidents Claims Tribunal, Chief
                     Judicial Magistrate Court, Sivagangai.

                     1/5
https://www.mhc.tn.gov.in/judis/
                                                                           CMA(MD)No.753 of 2021



                                   For Appellant     : Mr.D.Sivaraman
                                   For Respondent    : Mr.K.P.Ramesh


                                                     JUDGMENT

(Judgment of the Court was made by V. BHARATHIDASAN, J.)

Against the award passed by the Motor Accidents Claims Tribunal,

Chief Judicial Magistrate Court, Sivagangai, in MCOP.No.209 of 2018,

dated 24.10.2019, the insurance company has filed this appeal.

2.Pending appeal, the parties have settled the dispute between

themselves, and filed a joint memo. As per the settlement, the parties

have agreed to settle the claim for Rs.1,65,00,000/-, in full quit, out of

which, the 1st respondent/1st claimant is entitled to Rs.66,00,000/-, the

respondents 2 and 3/claimants 2 and 3 are entitled to Rs.14,00,000/-

each, the 4th respondent/4th claimant is entitled to Rs.5,00,000/- and the

5th respondent/minor son of the deceased, is entitled to get Rs.

66,00,000/-.

https://www.mhc.tn.gov.in/judis/ CMA(MD)No.753 of 2021

3.Today, a compromise memo has been filed before this Court and

all the parties were present. All the claimants are present before the

Court, today, we enquired all the claimants, they have stated that they are

all agreed to receive the amount as per the settlement.

4.Considering the fact that the issue has been settled, this Civil

Miscellaneous Appeal is dismissed in terms of the compromise entered

into between the parties. The memo of compromise shall form part of the

decree. The appellant insurance company is directed to deposit the entire

settlement amount of Rs.1,65,00,000/- to the credit of MCOP.No.209 of

2018 on the file of the Motor Accidents Claims Tribunal, Chief Judicial

Magistrate Court, Sivagangai, within a period of eight weeks from the

date of receipt of a copy of this judgment. On such deposit, the

respondents 1 to 4 are permitted to withdraw their respective shares as

per the settlement without filing any formal permission petition before

the Tribunal. Sofaras the share of the minor 5th respondent is concerned,

it shall be deposited in an interest bearing Fixed Deposit in a nationalised

bank, initially for a period of three years, and it shall be renewed

https://www.mhc.tn.gov.in/judis/ CMA(MD)No.753 of 2021

periodically, till the 5th respondent/minor attains majority. The 1st

respondent/mother of the minor is permitted to withdraw the interest,

once in three months directly from the bank. No costs. Consequently,

connected miscellaneous petition is closed.

                                                            [V.B.D.,J.] &       [J.N.B.,J.]
                                                                      26.08.2021
                     Index    : Yes / No
                     Internet : Yes / No
                     bala

                     Note :

In view of the present lock down owing to COVID-19 pandemic, a web copy of the order may be utilized for official purposes, but, ensuring that the copy of the order that is presented is the correct copy, shall be the responsibility of the advocate / litigant concerned.

To

The Chief Judicial Magistrate Motor Accidents Claims Tribunal, Sivagangai.

https://www.mhc.tn.gov.in/judis/ CMA(MD)No.753 of 2021

V.BHARATHIDASAN, J.

and J.NISHA BANU, J.

bala

JUDGMENT MADE IN CMA(MD)No.753 of 2021 DATED : 26.08.2021

https://www.mhc.tn.gov.in/judis/

 
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