Serial No. 23 REGULAR CAUSE LIST HIGH COURT OF JAMMU & KASHMIR AND LADAKH AT SRINAGAR CM(M) 602/2025 MOHAMMAD SHAFI PEER …Petitioner(s)/Appellant(s) Through: Mr. I. R. Wani, Advocate. Vs. BAJAJ ALLIANZ INSURANCE CO. LTD TH.ITS ARFEA MANAGER ...Respondent(s) Through: Mr. Imtiyaz Ahmad, Advocate. CORAM: HON’BLE THE CHIEF JUSTICE (ACTING) HON’BLE MR. JUSTICE MOHD YOUSUF WANI, JUDGE ORDER 04.07.2026 01. Having regard to the nature of controversy involved and taking note of the fact that this litigation is pending since the year 2006, we persuaded the learned appearing counsel for the parties to go for amicable settlement. We are happy to note that both the counsel responded positively. 02. With the consensus of both the parties, this petition is disposed of by providing as under: I. The respondent-Insurance Company shall pay lumpsum amount of Rs. 2.00 lacs in addition to the 30,000/- already paid to the petitioner, within a period of four weeks from today and that would be the full and final settlement of the claim of the petitioner. II. The order impugned passed by the Commission is modified to the aforesaid extent. III. We make it clear that in case payment is not released within the stipulated period, the petitioner shall become entitled to the amount with an interest @ 8% per annum. (Mohd Yousuf Wani) (Sanjeev Kumar) Judge Chief Justice (Acting) SRINAGAR: 04.07.2026 “Hilal Ahmad”