THE NATIONAL INSURANCE CO. LTD. v. SMTI PHAGUNI TANTABAI and 2 ORS
MACApp./58/2020 · 2025-06-13
N Unni Krishnan Nair
body2025
DailyLaw.ai
[ 2025 DAILYLAW 17149 (GAU) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 17149 (GAU) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Page No.# 1/3 GAHC010172992017
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THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Case No. : MACApp./58/2020 THE NATIONAL INSURANCE CO. LTD.
SUBSIDIARY OF GENERAL INSURANCE CORPORATION OF INDIA REGISTERED HEAD OFFICE AT 3, MIDDLETON STREET, CALCUTTA 700071 REPRESENTED BY THE ASSTT. MANAGER, GAUHATI REGIONAL OFFICE, BHANGAGARH, GUWAHATI 781005 VERSUS SMTI PHAGUNI TANTABAI and 2 ORS W/O LATE BADAN TANTABAI, VILL. RATANPUR TEA ESTATE, LINE NO. 2, P.O., P.S. -SONARI, DIST. SIVASAGAR, ASSAM, PIN 785690 2:M/S BOKAHOLA TEA CO. PVT. LTD. TARAJAN P.O.
P.S. and DIST. JORHAT ASSAM PIN 785001 OWNER 3:PHAGU TAPNA S/O LT. JHUMLAL TAPNA VILL. RATANPUR TEA ESTATE P.O. and P.S. SONARI DIST. SIVASAGAR ASSAM PIN 78569 Advocate for the Petitioner : MS.C MOZUMDAR, MS.R D MOZUMDAR,MS.C MOZUMDAR Advocate for the Respondent : , ,
Page No.# 2/3
BEFORE HONOURABLE MR. JUSTICE N. UNNI KRISHNAN NAIR Date : Name of the Conciliator(s) :
1. Mr. Binod Kumar Singh
2. Ms. Meghali Barman
ORDER 14.06.2025
The case is put up before the National LokAdalat. It is submitted by both the claimant and the Insurance Company’s representatives that this matter is settled between the parties at an amount of Rs. 13,75,000/- inclusive of all components as a full and final settlement of the claim. The Insurance Company will deposit the amount of Rs. 13,75,000/- within a period of 45 days from today before the Registry of the Gauhati High Court. Failure to deposit the above-mentioned amount within the stipulated time by the National Insurance Company Limited, the above amount would carry an interest @ of 7% from the date of filing of the claim petition before the learned Tribunal. From the total deposited amount of Rs. 13,75,000/-; an amount of Rs. 7,00,000/-, shall be kept in fixed deposit account in the name of the claimant, Smti Phaguni Tantabai in a Nationalized Bank/Post Office for a period of 5(five) years and the balance amount shall be released to the claimant by the Registry upon furnishing of adequate documents for her identification as well as the particular of her accounts. The appeal accordingly, stands disposed of in terms of the amicable settlement reached between the parties.
Page No.# 3/3 The compromise format signed by the parties is kept on record. LCRs, if any, be remitted to the concerned Tribunal.
JUDGE Comparing Assistant