A National Lok Adalat settled a dispute between an insurance company and claimants. The Bench recorded a consensual award for the payment of Rs.11,50,000/-, interest, and costs.
Awarded settlement sum of Rs.11,50,000 with 7.5% interest and costs to be deposited by appellant within eight weeks.
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HIGH COURT LEGAL SERVICES COMMITTE, MADURAI
Madurai Bench of Madras High Court, Madurai - 625023
Saturday the 8th day of June 2024 NATIONAL LOK ADALAT AWARD
(Chapter VI and u/s 21 or Legal Services Authorities Act, 1987)
Presided Over by The Honourable Mrs Justice L.VICTORIA GOWRI
and
Members
Mr.I.Pandurangan and M/s. S.C.JeyaIndra Patel
CMA(MD) No.1213 of 2022
(Appeal against the judgment and decree passed on 01/08/2022 in MCOP.981/2021 on the file of the SPECIAL DISTRICT COURT TO DEAL WITH MCOP CASES, MADURAI)
M/s.National Insurance Co.Ltd., Through its Divisional Manager, No.3, North Veli Street, Madurai. ... Appellant
Versus
This case came up for settlement before the Lok Adalat. Both the parties present. The counsel for the appellant/s M/s.P.Malini and the counsel for the respondents 1 and 2 Mr.V.Sriram are present. After mutual discussion, negotiation, mediation and conciliation between both parties and with the assistance of the Bench, both sides consented for settlement.
AWARD
After mutual discussion, negotiation, mediation and conciliation, both parties agreed to settle the matter for a sum of Rs.11,50,000/- (Rupees Eleven Lakhs and Fifty Thousand only) along with interest at the rate of 7.5% per annum from the date of petition till realization and costs.
The Appellant / Insurance Company is directed to deposit the award amount with interest and cost after deducting the amount already deposited if any, within a period of eight (8) weeks.
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On such deposit being made, the respondents 1 and 2 / claimants are permitted to withdraw the award amount.
The Divisional Manager, M/s.National Insurance Co.Ltd., No.3, North Veli Street, Madurai.
Counsel for the Appellant
V.Rajendran
Athi Devi
Counsel for the Respondents 1 and 2
This Lok Adalat award is passed in terms of the above settlement.
The full Court fee paid shall be refunded to the appellant in the manner provided under Section 69-A of the Tamilnadu Court Fees and Suits Valuation Act, 1955 and the Court Fees Act, 1870 as provided for under sub Sec.1 of Section 21 r/w 25 of LSA Act 1987 as amended in 1994.
The Original of the award shall be place in the court record and copy of the award, kept with High Court Legal Services Committee and one copy each is furnished to both parties free of cost.
In agreement of the above, both parties and their counsel have affixed their signatures/ thumb impressions in presence of the Lok Adalat Bench admitting the terms and today conditions and accordingly, the award is passed.
JUDGE
MEMBER
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To: The Parties/Advocate concerned
MEMBER
Copy To
Typed By MAHALAKSHMI PA To The Hon'ble Judges
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M/s.National Insurance Co.Ltd.
V.Rajendran
Athi Devi
L.VICTORIA GOWRI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
