IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Sr. No.136 Date of Decision: 07.04.2026 BABLI AND OTHERS ....Appellants Versus AABID AND OTHERS .....Respondents CORAM: HON'BLE MRS. JUSTICE ARCHANA PURI Present:- Mr. Manoj Kumar Sood, Advocate for the appellants.

Mr. Vishavjeet Bedi, Advocate for respondent No.3-Insurance company *****

ARCHANA PURI, J. (Oral)

Report has been received from the Mediation and Conciliation Centre. As per the same, the matter has been amicably settled between the parties. The settlement/agreement has also been annexed with the said report, which is duly signed by both the parties, counsel as well as the Mediator concerned. Also, both the counsel submit that the compromise has been effected, without exercise of undue influence upon the minds of the parties to the lis.

The compensation was awarded by learned Tribunal, on account of death of Ranbir, in a motor vehicular accident. Not satisfied with the extent of compensation awarded, the widow as well as the children of the deceased, had filed the present appeal, for seeking enhancement of compensation.

However, it was during the pendency of the appeal, an amicable settlement has reached between the parties. The terms of settlement has been reproduced in paragraph No.7 of the settlement/agreement.

As per the same, the Insurance company had agreed to pay a sum of Rs.1,50,000/-, over and above the amount already awarded by learned Tribunal. Also, it has been agreed that the requisite amount shall be paid by respondent No.3-Insurance company, in favour of all the three appellants, in the form of cheque/draft, in equal shares. The requisite amount shall be paid within a period of thirty days from the passing of the order.

In view of the settlement, so reached, between the parties, the present appeal is hereby allowed and the requisite settled amount of Rs.1,50,000/-, shall be paid in equal extent to all the appellants, by way of cheque/draft, within a period of thirty days, from today onwards. In the eventuality of any default, on the part of the Insurance company, in making the payment, with the requisite period, it shall be liable to pay penal interest @ 9% per annum, from the date of appeal, till realization.

Counsel for the Insurance company, also submits that the copy of the settlement/agreement, has not been received by him from the concerned Mediator.

For necessary compliance of the settlement/agreement, the Reader/Bench Secretary, is hereby requested to provide the copy of the settlement/agreement, under his signatures to the counsel for the Insurance company, today itself. (ARCHANA PURI)

07.04.2026 JUDGE Sonu Saini Whether speaking/reasoned : Yes Whether reportable : Yes/No