This appeal is at the instance of the claimant in OP(MV)No.403 of 2011 on the file of I Addl.Motor Accidents Claims Tribunal, Kollam.

2. Pending appeal, the appellant and the 3rd respondent/insurer arrived at a settlement and they filed a joint memo dated 10/7/2024, agreeing that the insurer shall pay Rs.3,45,000/-, in full and final settlement of the claim made by the appellant. The joint memo is on board, and that is recorded.

3. The 3rd respondent/insurer shall deposit Rs.3,45,000/- in the Bank Account of the appellant within 30 days from today, and in default, that amount will carry interest @ 8% per annum from the date of default. The appellant shall furnish his Bank Account details along with details of his PAN card, to the 3rd respondent within one week from today. MACA NO. 2182 OF 2015 4 2024:KER:59842 In the result, the appeal stands allowed in terms of the joint memo and the joint memo shall form part of the judgment.

SOPHY THOMAS, JUDGE ska BEFORE THE HON'BLE HIGH COURT OF KERALA, AT ERNAKULAM M.A.C.A. No.2182 I 2015 C. Jyothish : Appellant Vs. Sunil Kumar and others : Respondents JOINT STATEMEI\T FILED BY THE APPELLANT AND 3,.I RESPONDENT Anchal C. Vijayan Counsel for the Appellant SAIGI JACOB PALATTY Counsel for the 3'''l Respondent t.",' t"1 ' .'.' BEFORE THE HON'BLE HIGH COURT OF KIIRALA, AT ERNAKULAM M.A.C.A. No. 2182 12015 C. Jyothish : Appellant Vs. Sunil Kumar and others : Respondents Y ?}IE RESPONDENT No.3

1. The above appeal is filed against the award dated 18-04.2015 in O'P' (MV) No.403/201 I on the files of the M.A.C.T. Kollam. The above Original Petition u,as filed by the appellant for getting compensation for the injuries sustainecl in a road traffic accident on 18.05'2010 due to the rash and negligent driving of the KSRTC Bus, Reg. No. KL- 1517024 by its driver. The said vehicle w'as insured with the 3'd respondent.

) The learned Tribunal passed an award for Rs.1,61,216l- with 7.5% interest for the said amount from the date of application till realization. As per the award, learned Tribunal held that the 3'd responclent is liable tc pay cotrpensation to the appellant.

3. Since the 3"1 respondent had admitted the coverage of insurance policy in respect of the offending vehicle, the liability to pay the compensation is on the 3"lrespondent.

4. Appellant negotiated the matter with the 3'd respondent - New India Assurance Company Limited whiie it was listed for settlement on 30.01 "2024 and wiliingly arrived at a compromise settlement in full and final settlement of all the claims of the appellant against the 3'd respondent arising out of the accident and the original petition mentioned above.

5. It is agreed that 11r. 3rcr respondent herein shall pay an additional amount of Rs.3,45,000/- (Rupees Three lakhs and Fourly Five Thousand only) inclusive of all interest and cost to appellant by way of fuli and final settlement of all ciaims of the appellant against the 3"lrespondent in the original petition and M.A.C.A. The respondent agrees to transf-er by way of NEFT /RTGS the said amount of Rs.3,45,000/- as per the agreement u-ithin a period of 30 days from the date of receipt of copy of judgment from the Hon'ble Cour1, in the Bank Account of the appellant. In any event the said amount is not deposited as aforesaid, the amount would carry interest @ 8% p.a from the date of default.

I Appellant:

we humbly request this Hon'ble courl to record this joint statement and to pass a judgment in terms thereof. Dated on this the i0'1'day of July, 2024.