IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE P.D.RAJAN MONDAY ,THE OSTH DAY OF NOVEMBER 2018 / 14TH KARTHIKA, 1940 MACA.No. 62 of 2015 AGAINST THE AWARD IN OPMV 993/2011 of PRINCIPAL M.A.C.T., KOZHIKODE DATED 22-05-2014 APPELLANT/PETITIONER VINOD N.T AGED 43 YEARS S/O KANARAN, 9B, NELLOLITHARAMMAL HOUSE, KAYANNA BAZAR POST, PERAMBRA, KOZHIKODE DISTRICT BY ADVS. SRI.R.SUDHISH SMT.M.MANJU RESPONDENTS : JOOBITH S/O CHANDRAN, VAZHOTH HOUSE, KALPATHUR POST, MEPPAYUR, KOYILANDY, KOZHIKODE 6783305 2 SUBHASH P.P AGED 33 YEARS S/O GOPALAN, PANAYULLAPARAMBIL HOUSE, MENHANIAM, POST PERAMBRA, KOZHIKODE 673525 3 UNITED INDIA INSURANCE COMPANY LIMITED WHITE LINE BUILDING, KALLARI ROAD, KOZHIKODE 673001 BY ADV. SRI.RAJESH THOMAS THIS MOTOR ACCIDENT CLAIMS APPEAL HAVING BEEN FINALLY HEARD ON 05.11.2018, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:MACA.No. 62 of 2015 |UDGMENT This appeal is preferred against the award in O.P.(MV)No. 993/2011 of the Principal Motor Accidents Claims Tribunal, Kozhikode. The appellant sustained injuries in a motor accident and the learned Tribunal awarded a sum of Rs.4,20,000/- (Rupees Four Lakhs Twenty Thousand only) with interest and proportionate cost. Being dissatisfied with that, he preferred this appeal. 2. When the matter came up for hearing, the learned counsel appearing for the appellant submitted that the parties have settled the matter for a total sum of Rs.5,23,000/- in addition to the award amount. The above settlement amount includes 4.5% interest and cost. In the circumstance, the above compromise is recorded and the case is settled for Rs.5,23,000/- (Rupees Five Lakhs Twenty Three Thousand only). The insurer shall deposit the amount within 60 days from the date of receipt of a copy of this judgment, failing which it will carry 12% interest from the date of default. The terms and conditions of the compromise shall form part of the judgment. Sd/- P.D.RAJAN JUDGE bng/07.11.18IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT: THE HONOURABLE MR. JUSTICE P.D.RAJAN MONDAY, 5S NOVEMBER, 2018/ 14" KARTHIKA, 1940 wacano, 6.2 of. 225 COMPROMISE AGREEMENT Appellant xed Respondent Uvcxtef (Ry ) Cnn Cimtate Cogty The dispute between the parties have been settled out of court and a compromise has been entered into between them as per the following conditions. Parties agreed to settle the dispute for an amount of Rs. Five AkH Twenty THREE Tetoucawy ONLY yin ¢ addition to the award amount. The above amount includes 4.5% interest and cost. The insurer agreed to deposit the amount within 60 days from the date of receipt of a copy of this judgment. Date: sfulone Haeke a Led V. MONIVANNAN Appellant 4 Coco en M Respondent te ea wees atte REGIONAL MANAGER