JUDGMENT

The appeal is filed by the appellant in O.P.(MV)

No.490 of 2016 on the file of the Motor Accidents Claims Tribunal, North Paravur. The said claim petition was filed by the appellant herein, claiming an amount of ₹50,15,000/- limited to ₹25,00,000/- as compensation for the injuries sustained by him in a motor accident occurred on 22.04.2016. The tribunal awarded an amount of ₹16,83,400/- as compensation under different heads, directing the 3^rd respondent insurer to deposit the said amount along with interest at the rate of 9% 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 counsel for the respondents submitted that the MACA NO. 1793 OF 2020 matter has been settled between the parties before the Mediator, Kerala High Court Mediation Centre and the settlement report dated 17.02.2026 was submitted.

3. The Mediator has submitted a Final Report along with settlement agreement before this Court, wherein it is stated that the 3^rd respondent insurer offered to settl