Thane, March 15 A Lok Adalat in Thane has settled a motor accident claim, awarding a compensation of Rs 1 crore to the family of an assistant security manager who died in a road accident in 2024, a court official said on Sunday.
Principal District Judge SB Agrawal handed over the cheque to the claimants on Saturday.
The accident occurred on September 25, 2024, when the victim, Anand Rajan Nadar, was riding a motorcycle from his residence in Thane city to his workplace in Padgha in the Bhiwandi area of the district.
A speeding tempo coming out of a petrol pump crashed into his motorcycle. Nadar suffered serious injuries and was rushed to a hospital in Bhiwandi, where he was declared dead.
Nadar had joined a company as an assistant manager (security) in April 2024. According to the claim petition, he was earning an annual salary of Rs 11 lakh.
His wife and parents filed an application at the Motor Accident Claims Tribunal against the tempo owner and insurer.
The Lok Adalat helped the litigants settle the claim amicably with the tempo insurer, the counsels of both the parties said.
A Lok Adalat is an alternative dispute resolution system for the fast and inexpensive settlement of disputes, both pending in courts and at a pre-litigation stage, through conciliation and compromise.