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2025 DAILYLAW 67904 (ORI)

SHRIRAM G.I.CO. LTD. v. JAYARAM GOUDA

MACA/1273/2023 · 2025-09-13

Sanjay Kumar Mishra

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

IN THE HIGH COURT OF ORISSA AT CUTTACK MACA No.1273 of 2023 Shriram General Insurance Company Limited, Bhubaneswar …. Appellant Mr. A.A. Khan, Advocate -versus- Jayaram Gouda & another …. Respondents Mr. P.K. Behera, Advocate (For Respondent No.1) CORAM: JUSTICE SANJAY KUMAR MISHRA Order No. ORDER 13.09.2025 04. This matter is taken up through hybrid mode in the 3rd National Lok Adalat, 2025. 2. Learned Counsel for the parties file the Joint Compromise Petition indicating therein that parties have arrived at a compromise without any coercion and undue influence and settled the dispute/claim at Rs.1,87,500/- (Rupees one lakh eighty seven thousand five hundred) towards consolidated compensation as against the compensation awarded vide judgment dated 09.01.2023 passed in M.A.C. Case No.142 of 2017. The Joint Compromise Petition is taken on record. 3. Since parties are absent, on being asked, learned Counsel for the parties submit, they have executed the Joint Compromise Petition after taking consent from their respective clients. 4. The impugned Award is modified accordingly. As agreed between the parties, the modified amount, as indicated above, shall be deposited by the Insurance Company before the Tribunal in shape of cheque within eight weeks hence. On deposit of such amount, the Tribunal shall release the amount in favour of Respondent No.1 (Claimant before the Court below in M.A.C. Case No.142 of 2017) in accordance with law. 5. Since the matter has been settled amicably, on filing of receipt before the Registry in proof of deposit of the compromised amount before the Tribunal, the statutory amount deposited by the Appellant-Insurance Company be refunded along with accrued interest thereon within a period of four weeks from the date of filing of receipt. 6. Accordingly, the MACA stands disposed of. 7. Since the Appeal is disposed of in Lok Adalat, no Court Fee shall be payable by the Claimants. 8. Free copy of this order be provided to the learned counsel for the parties. Prasant (S. K. Mishra, J.) National Lok Adalat Designation: Secretary Location: High Court of Orissa, Cuttack.