Judicial recognition of settlement agreements enhances dispute resolution efficiency and aligns with principles of party autonomy in legal disputes.

Pending the appeal, the parties have arrived at a settl.ement. A joint statement has been filed to the said effect incorporating the terms of the settl.ement. A modified Award is passed in terms thereof . The joint statement filed by the parties will form part of the judgment.

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SATHISH NINAN JUDGE sd Filed on /;.¢6.2022 BEFORE THE HON'BLE HIGH COURT OF KERALA AT ERNAKULAM M.A.C.A. No.1900 of 2013 Andy and others Suni and others \.,s.

1 J~ Petitioners/ Appellants Respondents/ Respondents ±QLNTSTATEMENTFILEDBYTHLEAPPELLANTANDTHE3rdRESPONDNET lNSURAN£E COMPANY ZUBAIR PULIKOOL (Z-28) BINU.P.S.(B.678) Counsel for the Appellants ......., ±=4±1-_-j>-`i¥-,,-i BEFORE THE HON'BLE HIGH COURT OF KERALA AT ERNAKULAM M.A.C.A. No.1900 of 2013 E-

1. Andy, S/o. Kannan, Aged 71 years( Died)

2. Narayani, W/O Andy,Aged 35 years,

3. Sunitha, W/o Late Rajan, Aged 44 years,

4. Nijesh, S/o Late Raj.an, Aged 28 years,

5. Nijith, S/o Late Raj.an, Aged 26 years

6. Nikhjl, S/o Late Rajan, Aged 26 years AH are residing at KurooHikandiyH Thamaslkkum EdakkudiyH House, Ponmeriparambil PO, Ayanchery VatakaraThaluk, Kozhikode District-673106 a-:

r| 1. Sunj.S/o Kunhiraman, Malayil House, Thodannur PO,VatakaraThaluk, Kozhikode District-673 541

2. Rajeesh C.K, S/o Kannan, Cherukunnummal House, Mandarathur PO, VatakaraThaluk, Kozhjkode District-673 541

3. The New India Assurance Co.Ltd. Branch Office, Al-Mubarak Building, EDodi, Vatakara Taluk, Kozhikode-Pin: 673101 JOINT FILED BY THE BESPONDNET INSURANCE AND THE 3rd a goMPANY

1. The above appeal filed by the appeHants for enhancement of compensation in a motor vehicle accident case. The lst appellant was died on 10/07/2016 and that has been recorded by this Hon'ble court As per order in lA 1/2022, Appellant 2 to 6 are the dependants of deceased Rajan The appellants are the clalmants in 0 P.(MV) 758/2010 on the file of MACTA Vatakara. The 3rd respondent admitted the insurance policy and in a mediation talk the matter has been settled. Hence respondents number 1 and 2 are not necessary party jn this Joint statement.

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2. The incident in the above case happened on 27.05.2010 and the Rajan Korolakandyildiedintheaccjdentappellantsarethemother,wifeandchildrenofthe deceased Rajan.

3. The appeHants and the insurance company have negotiated the matter outside the court and arrived into a compromise settlement in fuH and final settlement of aH claims of the appellant. It js agreed that the respondent Insurance company shaH pay an additional amount of Rs 16,00,000/- (Rupees sixteen lakhs) The said amount of Rs.16,00,000/-is including the interest also.

4. The respondent Insurance company hereby agrees to deposit the above said amountbeforetheTribunalwithinaperiodoftwomonthsfromthedateofreceiptof copy of the Judgment. In case of default of payment within two months as stated rl abovetherespondentinsurancecompanyjsliabletopaytheinterest@9%fromthe date of default.

The settlement win form part of the Judgment of this Hon'ble Court.

Appel,ants.

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COUNSEL FOR THE APPELLAN atl3 th(a P¢L\1f`aeL COUNSEL F .®/, `` J Dated this the. 18th day of May, 2022