JUDGMENT

This appeal has been filed by the claimant in O.P(MV)

No.1298/2021 on the file of the Motor Accidents Claims Tribunal, Palakkad, 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 before the Mediator, Kerala High Court Mediation Centre and the memorandum of agreement dated 18.03.2026 has been filed.

3. The terms of the memorandum of agreement arrived at between the parties is lawful and is therefore recorded. In view of the terms of the memorandum of agreement arrived at by the parties, the respondent insurer shall pay an additional consolidated amount of ₹2,61,000/- (Rupees Two lakhs sixty one thousand only), inclusive of interest and costs, as agreed in the mediated settlement, 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