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Basavaraju S vs Venkatasubbashetty And Others

High Court Of Karnataka|13 July, 2019
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JUDGMENT / ORDER

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF JULY, 2019 CONCILIATORS PRESENT:
THE HON’BLE SHRI JUSTICE L. NARAYANA SWAMY & SRI K.B. NAIK, MEMBER BETWEEN Basavaraju S., S/o late Siddaiah, Aged about 47 years, Residing at:
No.118, 4th Cross, M.F.A.No.5093/2018 (MV) (Lok Adalat No.2709/2018) 2nd Main, B.M.Shree Nagar, Metagalli Post, Mysuru, N/R/at C/o Shivanna, Basaveswara Nagar, 4th Cross, Kollegala Town, Chamarajanagar District – 571 441. ... Appellant (By Sri Sreenivasan M.Y., Advocate) AND 1. Venkatasubbashetty, S/o late Devashetty, Pro. Anjaneya Bus Service, 11th Cross, Bramaramba Extension, Chamarajanagar Town, Taluk & District – 571 441.
2. The Branch Manager, Oriental Insurance Co. Ltd., 1st Floor, Girish Complex, Agrahara Street, Chamarajanagara – 571 441. …Respondents (By Sri K.R.Sathyaprabha, Advocate for R.2) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 15.03.2018 PASSED IN MVC NO.08/2016 ON THE FILE OF THE SENIOR CIVIL JUDGE & JMFC & MACT, KOLLEGAL, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED.
CONCILIATION ORDER The learned Counsel appearing for the Appellant - Claimant and the learned Counsel appearing for the Second Respondent – Oriental Insurance Company Limited along with its representative are present.
2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the appellant (being authorized by the appellant to sign) and the learned advocate appearing for the Second respondent – Insurance Company and its authorized officer is filed. The Appellant - Claimant has agreed to receive and the Second Respondent - Insurance Company has agreed to pay a lump-sum of Rs.2,00,000/- (Rupees Two Lakh only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
3. The Second 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 entire enhanced compensation amount shall be released in favour of the appellant – claimant, on proper identification.
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 Sd/- MEMBER Mkm*
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Title

Basavaraju S vs Venkatasubbashetty And Others

Court

High Court Of Karnataka

JudgmentDate
13 July, 2019
Judges
  • Sri K B Naik
  • L Narayana Swamy