IN THE HIGH COURT OF KERALA AT ERNAKULAM
MRS. SHOBA ANNAMMA EAPEN, J
Chacko K.C. – Appellant
Versus
Thomas John – Respondent
JUDGMENT
This appeal is filed by the appellants in O.P.(MV) No.991 of
2019 on the file of the Motor Accidents Claims Tribunal, Palal. The said claim petition was filed by the appellants herein, claiming an amount of ₹20,00,000/- as compensation in a motor accident occurred on 15.08.2016. The Tribunal awarded an amount of ₹12,76,229/- as compensation under different heads, directing the respondent insurer to deposit the said amount along with interest at the rate of 8% per annum from the date of petition till the date of realization. Disputing the quantum of compensation awarded, the appellants have come up with this appeal.
2. Today, when the matter came up for consideration, the learned Counsel for the appellants as well as the learned Standing Counsel for the respondent insurer submitted that they have filed a joint statement dated 16.10.2025, wherein it is stated that the respondent-insurer shall pay an additional amount of ₹3,32,000/- (Rupees Three lakhs thirty two thousand only) to the appellants by way of full and final settlement of all the claims against the 3rd respondent. The 3rd respondent - insurer agrees to transfer by way of National Electronic Funds Transfer (NEFT) to
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