Judgments
Judgments
  1. Home
  2. /
  3. High Court Of Karnataka
  4. /
  5. 2019
  6. /
  7. January

Mr B K Renukesh vs Mr K N Lakshman Kumar And Others

High Court Of Karnataka|09 March, 2019
|

JUDGMENT / ORDER

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF MARCH, 2019 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE H.T. NARENDRA PRASAD & DR. S.V. GIRIKUMAR, MEMBER M.F.A.No. 207/2015 (MV) (Lok Adalat No. 466/2019) BETWEEN MR. B.K. RENUKESH S/O MR KAMBADARANGAIAH AGED ABOUT 26 YEARS R/A BRAHMASANDRA VILLAGE KALLAMBELLA HOBLI SIRA TALUK, TUMKUR DISTRICT 572 137 ... APPELLANT (BY SRI. RAMESH K.R., ADV) AND 1. MR. K.N. LAKSHMAN KUMAR S/O LATE S L NARAYANASHETTY PROP: JAI MARUTHI ROADWAYS MADDUR ROAD, KUNIGAL TOWN TUMKUR DISTRICT 572 130 2. THE MANAGER RELIANCE GENERAL INSURANCE CO.., LTD., NO.4/3-1 AND 3/2, 11TH MAIN 3RD BLOCK, JAYANAGAR BANGALORE 560061 ... RESPONDENTS (BY SRI.G S VENKAT SUBBARAO, ADV. FOR R1, SRI. H.N.KESHAVA PRASHANTH, ADV. FOR R2) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:20.06.2014 PASSED IN MVC NO.943/2012 ON THE FILE OF THE SENIOR CIVIL JUDGE, ADDITIONAL MACT, SIRA, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, AFTER BEING REFERRED BY THE COURT, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned Counsel for the claimant-appellant and the learned Counsel for the Respondent – Reliance General Insurance Co. Ltd., along with its representative are present.
2. After prolonged negotiations, the matter is settled. The appellant - Claimant has agreed to receive and the Respondent - Insurance Company has agreed to pay a lump-sum of Rs. 2,00,000/- (Rupees Two Lakhs only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. A joint Memo is filed on behalf of the parties to this effect.
3. The Respondent – Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks from the date of preparation of award, failing which the said amount shall carry interest at the rate of 9% P.A. from the date of default, till the date of deposit.
4. The apportionment, deposit and release of the enhanced compensation amount shall be made as per the ratio adopted by the Claims Tribunal.
5. This Miscellaneous First Appeal stands disposed of in terms of the Joint memo. The Judgment and Award of the Tribunal shall stand modified accordingly. Draw up the Award accordingly.
Sd/- JUDGE BVK Sd/- MEMBER
Disclaimer: Above Judgment displayed here are taken straight from the court; Vakilsearch has no ownership interest in, reservation over, or other connection to them.
Title

Mr B K Renukesh vs Mr K N Lakshman Kumar And Others

Court

High Court Of Karnataka

JudgmentDate
09 March, 2019
Judges
  • H T Narendra Prasad