JUDGMENT

This appeal is filed by the appellants in O.P.(MV) No.1121 of 2014 on the file of the Motor Accidents Claims Tribunal, Perumbavoor. The said claim petition was filed by the appellants herein, claiming an amount of ₹22,69,600/- limited to ₹20,00,000/- as compensation in a motor accident occurred on 02.08.2014. The Tribunal awarded an amount of ₹11,66,800/- as compensation under different heads, directing the 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 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 counsel for the respondent submitted that the matter has been settled between the parties on 10.02.2026 before the Mediator, Kerala High Court Mediation Centre.

3. The Mediator has submitted a Final Report along with settlement agreement before this Court, wherein it is stated that the respondent insurer offered to settle this appeal by paying an additional consolidated amount of ₹5,15,000/- (Rupees Five lakhs fifteen th