An offer of settlement is accepted by the Claimant then the Insurance company shall pay the amount of compensation in:
S. 149. (3) If, the claimant to whom the offer is made under sub-section (2),-- (a) accepts such offer,-- (i) the Claims Tribunal shall make a record of such settlement, and such claim shall be deemed to be settled by consent; and (ii) the payment shall be made by the insurance company within a maximum period of thirty days from the date of receipt of such record of settlement;
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