The learned Counsel appearing for the Appellant - Claimant is present.

The learned Counsel appearing for the Respondent – Insurance Company

along with its representative are present.

After prolonged negotiations, the matter is settled. The appellant -

claimant has agreed to receive and the respondent-Insurance Company has

agreed to pay a lump-sum of Rs.20,000/- (Rupees Twenty Thousand only), in

addition to what has been awarded by the Tribunal, in full and final settlement

of the claim. We are satisfied that the settlement is just proper and is in the interest

of justice and equity. Therefore, the joint memo is accepted.

3.

The Respondent - Insurance Company has agreed to deposit the said

amount before the Tribunal within six weeks from the date of preparation of

award, failing which the said amount shall carry interest at the rate of 9% P.A.

from the date of default, till the date of deposit.

3

4.

The entire enhanced compensation amount shall be released in favour of

the appellant – claimant, on proper identification.

5.

A joint memo signed by the learned advocate appearing for the

appellant/claimant (being authorized by the appellant/claimant to sign) and the

learned advocate appearing for the respondent - Insurance Company and its

authorized officer is filed.

6.

This Miscellaneous First Appeal stands disposed of in terms of the Joint

Memo. The Judgment and Award of the Tribunal shall stand modified

accordingly. Draw up the Award accordingly.

Sd/-

JUDGE

Sd/-

MEMBER

Rbv