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2025 DAILYLAW 33888 (BOM)

SHRIRAM GENERAL INSURANCE CO. LTD., THR ITS MANAGER, AURANGABAD v. PRASHANT RAMRAO CHAVAN AND ORS

FA/1261/2019 · 2025-03-22

Lok Adalat

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IN THE NATIONAL LOK ADALAT PRESIDED OVER BY HON’BLE SHRI JUSTICE R. M. JOSHI, HELD ON 22nd March, 2025 AT HIGH COURT LEGAL SERVICES SUB-COMMITTEE AT AURANGABAD FIRST APPEAL NO. 1261 OF 2019 Shriram General Insurance Co. Ltd., Thr Its Manager, Aurangabad VERSUS Prashant Ramrao Chavan Died Thr Lrs Ramrao And Ors • Mr. S. S. Rathi, Advocate for the Appellant • Mr. G. P. Ghule, Advocate for the Respondent No. 1A to 1C ORDER (22nd March, 2025) 1. Parties have settled the disputes. Both the parties filed terms of compromise on record, which is marked as Exhibit ‘X’ for identification. Respondent Nos. 1A to 1C are present before this Court along with their Advocate. They confirm the signatures on the terms of settlement, which is duly attested by their Advocate. They accept the same to be voluntary. 2. Having regard to the facts of the case, terms of settlement are reasonable and hence, deserve to be accepted. As agreed between the parties, Appellant Insurer would be permitted to withdraw sum of Rs. 3,50,000/- along with interest accrued thereon. Rest of 129-FA-1261-2019.odt 1 of 2 2025:BHC-AUG:9448 the amount is permitted to be withdrawn by Respondent Nos. 1A to 1C along with accrued interest. 3. Registry to permit Appellant Insurer to withdraw sum of Rs. 3,50,000/- along with interst. Remaining amount with accrued interest be transferred to Tribunal. Respondent Nos. 1A to 1C are permitted to withdraw the said amount before Tribunal. 4. In view of above, Appeal stands disposed of. 5. The Court Fee Refund Certificate be issued as per the Rules. 6. The Civil Application(s), if any, stand disposed of. 7. The award/decree be drawn up in terms of compromise. 8. No order as to costs. [A. B. Kadethankar] Advocate Member [V. B. Mantri] DJ (Retd.) Member [R. M. JOSHI, J.] Head of Panel usm 129-FA-1261-2019.odt 2 of 2