Full Order Text
Final Order 1 · 23 Jun 2025 · CNR MHMT010003542024
Order Details: Order on Exh. Pdf Text: Order below Ex.1 in MACP No.1493/2024 1. The applicant, her learned advocate and learned advocate for insurer are present before the Tribunal. The applicant is identified by her learned advocate. The authority letter issued by the insurer authorising it’s advocate to settle the dispute is on record at Ex.16. 2. The parties were referred to the Mediator for mediation and conciliation. The learned Mediator has forwarded settlement report alongwith consent terms agreed by both the parties. In view of the consent terms, the parties have agreed to settle this claim application in view of consent terms (Ex.17), according to which the parties have settled the matter for full and final compensation amount of Rs.50,000/-(Rs. Fifty Thousand Only). (R.R.Patwari) Member Dt.23.06.2025 MACT, MUMBAI -- 1 of 4 -- -- 2 of 4 -- ORDER BELOW EX. 1 IN MACP NO.1493 OF 2024 The parties have filed on record the consent terms (Exh.17). Applicant is present. Compromise is legal, hence read and recorded. Award is passed as under:- AWARD 1. Application is allowed in terms of consent terms at Exh.17 for Rs.50,000/- (Rs.Fifty Thousand Only) including costs. 2. Insurer is directed to deposit the aforesaid amount of Rs.50,000/-in the bank account of this Tribunal, within eight weeks from the date of order failing which insurance company shall be liable to pay interest @7% p.a. till the actual realisation of the entire settlement amount. 3. Insurer is directed to deposit the aforesaid amount of to the credit of the bank account of this Tribunal directly by NEFT/RTGS mode. The details of the bank account of this Tribunal are as under:- Account Name MOTOR ACCIDENT CLAIMS TRIBUNAL MUMBAI Account No. 00000040777482356 IFS Code SBIN0030002 MICR Code 400002273 4. On such deposition of the amount, entire amount along-with accrued interest be paid to the applicant, by NEFT/RTGS, on submitting her bank accounts passbook photocopy duly verified by her banker and against proper -- 3 of 4 -- : 2 : identification by obtaining acknowledgment thereof on payment of deficit court fees, if any. (R.R.Patwari) Member Dt.23.06.2025 MACT, MUMBAI -- 4 of 4 --