Final Order 1

Order Details: Order on Exh.
Pdf Text: MHMT010003812023
ORDER BELOW EX.1 IN MACP NO.220 OF 2023
The matter was referred for mediation. Perused the
report of Mediator (Exh.24), Consent Terms (Exh.23) and
Authority Letter (Exh.22) issued by the Insurer. The
applicant and Insurer have settled the matter before the
trained Judge Mediator on 16.07.2026. Authorised
signatory and advocate Smt.Sapna Bhuptany for the insurer
was not present on 16.07.2026. Therefore, the matter was
adjourned for her verification of the Consent Terms on
22.07.2026. She appeared on 22.07.2026 and has admitted
and agreed to the terms and conditions of the settlement
and has signed the Consent Terms(Exh.23). Both the parties
admitted the contents of Consent Terms (Exh.23) as true
and correct. Hence, I pass the following Award:-
AWARD
1} The application is allowed in terms of settlement
(Exh.23).
2} Claim is amicably settled for a full and final amount
of Rs.80,000/- (Rupees Eighty Thousand Only), inclusive of
NFL, if any. The Insurer shall pay aforesaid amount to the
applicant, within a period of six weeks from the date of this
order, failing which the Insurer shall pay interest @ 7.5%
per annum from the date of order till realization.
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3} The claim application is thus allowed in terms of
Conset Terms at (Exh.23). The insurer shall directly deposit
the amount of compensation of Rs.80,000/- inclusive of
NFL, if any, in the Bank Account of the applicant, within six
weeks from the date of this order, failing which, the amount
of compensation shall carry interest @7.5% p.a. till
realisation.
4} The applicant shall produce the proofs of identity
credentials and Bank Account maintained with nationalised
bank of his chioce, within two weeks from the date of this
order for enabling the insurer to pay the amount of
compensation directly in his Bank Account.
5} The applicant shall pay the deficit court fees.
Date:23.07.2026
Place: Mumbai
rs (Shashikant Eknathrao Bangar),
Member, C.R.3,
MACT, Mumbai
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