JUDGMENT

This appeal is filed by the appellant in O.P.(MV) No.146 of

2017 on the file of the Additional Motor Accidents Claims Tribunal, N. Paravur. The said claim petition was filed by the appellant herein, claiming an amount of ₹12,85,000/- limited to ₹3,00,000/- as compensation in a motor accident occurred on 20.03.2016. The Tribunal awarded an amount of ₹67,400/- as compensation under different heads, directing the respondent insurer to deposit the said amount along with interest at the rate of 7.5% per annum from the date of petition till the date of realization. Disputing the quantum of compensation awarded, the appellant has come up with this appeal.

2. Today, when the matter came up for consideration, the learned Counsel for the appellant as well as the learned Standing Counsel for the respondent insurer submitted that they have filed a joint statement dated 10.01.2026 wherein it is stated that the respondent insurance company shall pay an additional amount of ₹1,00,000/- (Rupees One lakh only) inclusive of all interest and cost to the appellant by way of full and final settlement of all the claims of the appellant against the respondent. The respondent insurer shall deposit