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2026 Supreme(Online)(Ker) 14492

IN THE HIGH COURT OF KERALA AT ERNAKULAM
MRS. SHOBA ANNAMMA EAPEN, J
DILEEP KUMAR V.V. – Appellant
Versus
THE NEW INDIA ASSURANCE COMPANY LTD – Respondent


Advocates:
For the Appellants/Petitioners: SHRI.A.N.SANTHOSH
For the Respondents: SHRI.P.JACOB MATHEW

JUDGMENT

The appellants are the claimants in OP(MV) No.205 of 2017 on the file of the Motor Accidents Claims Tribunal, Perumbavoor. The said claim petition was filed by the appellants claiming an amount of ₹50,00,000/- as compensation for the death of the deceased, who succumbed to the injuries sustained in a motor accident occurred on 11.08.2016. The tribunal awarded an amount of ₹33,01,615/- 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 filing the claim petition till realization. Being dissatisfied with the compensation awarded, the appellants have come up in appeal.

2. On 31.01.2026, when the matter was taken up for consideration, the matter was referred for mediation to the Special Campaign under the head, Mediation 'For the Nation-2.0', finding that there is a fair chance for settlement.

3. Today, it is reported that the matter is settled in mediation. The mediator submitted a memorandum of agreement dated 11.02.2026 entered into between the parties along with report dated 17.02.2026. In the memorandum of agreement, it is stated that the claim of the appellants h

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