HIGH COURT OF KERALA
RAJEEV, – Appellant
Versus
THE MANAGING DIRECTOR, – Respondent
JUDGMENT
The appeal is filed by the petitioner in OP(MV) 54/2014 on the file of the Motor Accident Claims Tribunal, Punalur, seeking enhancement of compensation.
2. On the suggestion made by this Court, the appellant and the third respondent agreed to explore the possibility of settling their dispute through direct negotiation.
3. Pursuant to the settlement talks held in this Court, the above parties have arrived at an amicable settlement as per the terms and conditions in the joint statement dated 21.3.2022, signed by the parties and countersigned by their respective Counsel.
4. I have perused the joint statement dated 21.3.2022 and found that the compensation amount agreed between MACA No.1900 of 2019 the parties to be just and reasonable, and that the settlement is in accordance with law.
5. In the result, the appeal is allowed as per the terms and conditions in the joint statement dated
21.3.2022, which shall form part of the judgment.
This Court places on record its appreciation for both the appellant as well as the third respondent/insurer in harmoniously settling the dispute and putting an end to the litigation, and also for saving the precious judicial time.
SD/-
Sks/4.4.2022 C.S.DI
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.