FAO.No.63 of 2006. 23.10.2008. Present: Dr.Lalit Sharma, Advocate for the appellant. Mr.Deepak Kaushal, Advocate for Respondent No.1. FAO.No. 118 of 2007. Mr.Deepak Kaushal, Advocate for the Appellant. Ms.Madhu Sharma, vice counsel for Respondent No.3. CMP.No. 786/2008. The application is allowed and the document is taken on record. CMP.No.787/2008. Infructuous. FAO.Nos. 63/2006 & 118/2007. Both the Insurance Company and the claimant are aggrieved by the impugned award dated 4th November, 2005, wherein a sum of Rs. 1,40,000/- along with interest at the rate of 9% per annum stands awarded in favour of the claimant. On 2nd July, 2001 while travelling in the vehicle in question claimant met with an accident and sustained permanent disability to the extent of 50%. On the request of the court, Dr. Lalit Sharma took up the matter with the Insurance Company to amicably resolve the dispute. The learned counsel for the parties, under instruction received from their respective clients, have stated that the matter has been compromised and agreed for passing of the following order: The appellant-Insurance Company shall pay a lump sum amount of Rs.2,00,000/- to the claimant-Sh.Man Singh within a period of two weeks from today. The payment shall be made by way of Bank Draft or banker’s cheque in the name of the claimant. This settlement shall take care of all claims inter se between the parties. The appeals be disposed of as compromised. The amount deposited by the appellant-Insurance Company along with up to date interest shall be refunded to them. I must place on record with appreciation the efforts made by the learned counsel appearing for the parties to amicably resolve the dispute as an out of court settlement. The appeals are disposed of as having been compromised in the aforesaid terms. (Sanjay Karol),J. October 23, 2008(R)