FAO No. 296 of 2005 20.10.2009 Present: Mr. Virender Thakur, Advocate, for the appellant. Mr. B. S. Verma, Advocate, vice Mr. Onkar Jairath, Advocate, for respondent No. 1. Mr. G. D. Sharma, Advocate, for respondent No. 2. The parties have reconciled their matter amicably. Effort made by the learned counsel for the parties is highly appreciated. The learned counsel for the parties jointly pray that the impugned award be modified to the following extent. In full satisfaction of the claimant’s claim, the claimant shall be entitled to a lumpsum amount of Rs. 3 lacs out of which a sum of Rs. 1,42,000/- already stands paid by the insurer to the claimant and the remaining amount of Rs. 1,58,000/- shall be paid by the insurer within a period of eight weeks from today. It is agreed that if the balance amount is not paid within the said period the claimant shall be entitled to interest thereupon @ 9% per annum. The insurer shall deposit the remaining amount before this Court within the aforesaid period. The impugned award dated 3.5.2003 passed by the Motor Accident Claims Tribunal-II, Solan, H.P. in MAC Petition No. 26-S/2 of 2000, titled as Nagesh versus Hari Chand and others stands modified to the aforesaid extent. The appeal stands disposed of accordingly. Dasti copy. (Sanjay Karol), Judge. October 20, 2009 (PK)