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2026 Supreme(Online)(Ker) 18881
IN THE HIGH COURT OF KERALA AT ERNAKULAM
M.B. SNEHALATHA, J
SUJITH P.R – Appellant
Versus
SREERAM GENERAL INSURANCE COMPANY LIMITED – Respondent
MACA NO. 109 OF 2025
For the Appellants/Petitioners: SRI.MATHEWS K.PHILIP, SMT.T.MANASY, SMT.MINISHA K DAS
For the Respondents: SHRI.LINTO FRANCIS
The court emphasizes the enforcement of lawful settlements in compensation claims.
Headnote:This appeal concerns the enhancement of the compensation amount in O.P(MV) No.459/2021. The parties have reached a lawful settlement, which the court records, directing the insurer to deposit an additional amount of ₹1,65,000/- within two months. Failure to comply will incur interest. The appeal is disposed of accordingly.
| Table of Content |
|---|
| 1. enhancement of compensation in accident claims (Para 1) |
| 2. parties reached a lawful settlement (Para 2) |
| 3. court orders compliance with settlement terms (Para 3) |
JUDGMENT
This appeal has been filed by the claimant in O.P(MV)
No.459/2021 on the file of the Motor Accidents Claims Tribunal, Thodupuzha, seeking enhancement of the compensation amount awarded by the tribunal.
2. When the matter came up for hearing today, the learned counsel for both sides submitted that the matter has been settled between the parties and the memorandum of agreement dated 03.03.2026 has been filed.
3. The memorandum of settlement arrived at between the parties is lawful and is therefore recorded. In view of the memorandum of agreement and the settlement arrived at by the parties, the respondent/ insurer shall deposit an additional amount of ₹1,65,000/- (Rupees One lakh sixty five thousand only), inclusive of interest and costs, as agreed in the memorandum of agreement, towards full and final settlement of the claims advanced in this appeal within a period of two months from the date of receipt of this judgment, failing which, the respondent/insurer shall pay interest at the rate of 7% per annum from the date of default. As specified in the Tribunal award, pay and recovery right is MACA NO. 109 OF 2025 there, against the insured. The claimant shall furnish copies of the PAN Card, AADHAAR Card and bank details before the respondent/insurer within a period of one month from the date of receipt of a certified copy of this judgment so as to enable the insurance company to make the deposit as ordered above. In case of failure to furnish details as above, it shall be open for the insurance company to deposit the said amount before the Tribunal.
The appeal is disposed of, in terms of the settlement agreement as above. The settlement agreement will form part of the judgment.
Sd/-
