BEFORE THE LOK ADALATH ORGANISED BY THE KERALA HIGH COURT LEGAL SERVICES COMMITTEE THE HONOURABLE MR. JUSTICE M.M.PAREED PILLAY(RETD.CHIEF JUSTICE) & THE HONOURABLE MR. JUSTICE M.R.HARIHARAN NAIR (RETD.JUDGE) WEDNESDAY, THE 28TH MARCH 2007 / 7TH CHAITHRA 1929 MACA.No. 323 of 2005() ---------------------- OPMV.949/1999 of MOTOR ACCIDENT CLAIMS TRIBUNAL, VADAKARA .................... APPELLANT/3RD RESPONDENT: ------------- NATIONAL INSURANCE COMPANY LIMITED, METTUR, BHAVANI NOW REPRESENTED BY ITS ASSISTANT MANAGER, REGIONAL OFFICE, AJAY VIHAR, KOCHI-16. BY ADV. SRI.MATHEWS JACOB (SR.) SRI.P.JACOB MATHEW RESPONDENT: 1ST PETITIONER: ---------------- R. VIJAYALAKSHMI, W/O. UNNIKRISHNAN NAIR, MANATTIL HOUSE, KOLLAM P.O., QUILANDY-673 307. BY ADV. SRI.U.K.RAMAKRISHNAN SRI.SANDEEP.E. SRI.DEVIDAS.U.K THIS MOTOR ACCIDENT CLAIMS APPEAL HAVING COME UP FOR DETERMINATION AT LOK ADALATH AND THE PARTIES HAVING SETTLED THE MATTER, THE FOLLOWING AWARD IS PASSED IN TERMS OF SETTLEMENT. M.M.PAREED PILLAY (RETIRED CHIEF JUSTICE) & M.R.HARIHARAN NAIR (RETIRED JUDGE) --------------------------- M.A.C.A.No.323 OF 2005 -------------------------- Dated this the 28th day of March, 2007 A W A R D Appellant present and respondent's counsel present. Heard counsel appearing for both sides. The parties have settled the dispute on condition that the appellant will pay an amount of Rs.4,20,000/- (Rs. Four lakhs and twenty thousand only) (including cost) less the amount already deposited by the appellant with interest thereon @ 6% p.a from the date of petition instead of the amount awarded by the M.A.C.T to the respondent, within two months from today, failing which the amount will carry interest at the rate of 9% per annum from the date of default till payment. The appeal is settled as above. M.M.PAREED PILLAY (RETIRED CHIEF JUSTICE) M.R.HARIHARAN NAIR (RETIRED JUDGE) ps