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MACA/797/2019
2021 Latest Caselaw 336 Ori

Citation : 2021 Latest Caselaw 336 Ori
Judgement Date : 11 January, 2021

Orissa High Court
MACA/797/2019 on 11 January, 2021
                                 MACA No.797 of 2019




05.   11.01.2021                 Matter is taken up through video conferencing.
                                 Matter is listed today for orders on being mentioned
                   by the Insurance Company for correction of the order passed on
                   19.12.2020.
                                 Heard learned counsel appearing for the parties.
                                 Mr. S.S. Ahmed, Regional Manager of the Oriental
                   Insurance Co. Ltd, Regional Office, Bhubaneswar is also
                   connected through virtual mode.
                                 The learned Member, 1st Motor Accident Claims
                   Tribunal, Jajpur has awarded a compension of Rs.22,09,400/- to
                   the claimants-opposite parties. The appellant       was directed to
                   pay the same along with interest @ 6% per annum from the date
                   of filing of the claim petition to the claimants.
                                 On compromise the parties have settled that a sum
                   of Rs.19,25,000/-(rupees ninteen lakhs twenty-five thousand)
                   only shall be paid to the claimants as a reduced amount along
                   with interest @ 6% p.a. from the date of filing of the claim
                   petition within two months of receipt of this order. The right of
                   recovery as granted by the Tribunal may be confirmed.
                                 Hence, the MACA is disposed of with the modified
                   order that the Insurance Company shall pay reduced amount of
                   Rs. 19,25,000/-(rupees ninteen lakhs twenty-five thousand) only
                   along with interest @ 6% from the date of filing of the claim
                   petition by depositing the same in the Tribunal within eight
                   weeks from the date of receipt of this order. On such deposit the
                   reduced amount, it shall be disbursed proportionately to the
                   claimants     in consonance with the direction given by the
                   Tribunal in the impugned judgment. The right of recovery as
                   granted by the Tribunal is also confirmed. The stipulation of
                   default interest @ 9% is hereby set aside.
                             2




                   Accordingly, on the basis of the submisions and
      memo filed by the parties, the order dated 19.12.2020 passed in
      MACA is modified. The observations made in the National Lok
      Adalat awarding interest at the rate of 9% per annum from the
      date of filing of the claim petition shall not be given effect to.
                   On production the receipt showing deposit of the
      aforesaid amount along with interest before the Tribunal, the
      statutory deposit along with accured interest be refuned to the
      Insurance Company on proper application.
                   As restrictions are continuing for COVID-19, learned
      counsel for the parties may utilize the soft copy of this order
      available in the High Court's website or print out thereof at par
      with certified copies in the manner prescribed, vide Court's
      Notice No.4587, dated 25.03.2020.




pcd
                                                        .........................
                                                         S.K. Mishra, J.

MACA No.909 of 2019

03. 20.12.2019 Statutory amount of Rs.25,000/- deposited in the shape of account payee cheque be invested in an interest bearing account of any nationalised Bank.

List this matter in the 3rd week of January, 2020, after re-opening of the Court, after ensuing winter holidays.

......................... S.K. Mishra, J.

pcd

......................... S.K. Mishra, J.

MACA No.7098 of 2019

03. 14.11.2019 Statutory amount of Rs.25,000/- deposited in the shape of account payee cheque be invested in an interest bearing account of any nationalised Bank.

After payment of deficit Court fee, list it.

......................... S.K. Mishra, J.

pcd

05.09.2019

 
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