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Binnimon Mathew @ Benny Mathew vs Nallathambi A And Others

High Court Of Karnataka|09 December, 2017
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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 9TH DAY OF DECEMBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR JUSTICE RAGHVENDRA S. CHAUHAN & SMT. H.R. RENUKA, MEMBER M.F.A.No. 6244/2014 (MV) (Lok Adalat No. 5437/2016) BETWEEN Binnimon Mathew @ Benny Mathew S/o Kuriyana Mathew, Aged about 35 years, House No.18, Hosamane, Punaje, Hosa Nagar Taluk, Shimoga District. ... Appellant (By Sri Jayantha Poojary, H. Advocate) AND 1. Nallathambi A. S/o Arumachalam, Aged about 48 years, Residing at No.1/154, Othiyam Post, Kannuru Tq., Perambalur Dist.
Tamilnadu – 600 002.
2. The Branch Manager, The Royal Sundaram Ins. Co. Ltd., 3rd Floor, Subramanian Building No.1, Club House Road, Chennai – 600 002, Tamilnadu. ... Respondents (By Sri O.Mahesh, Advocate for R-2, Notice to R-1 d/w. v.c.o. dated: 25.11.2016] MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 25.03.2014 PASSED IN MVC NO. 216/2011 ON THE FILE OF ADDL. SENIOR CIVIL JUDGE AND ADDL. MACT, UDUPI, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THIS APPEAL COMING ON FOR CONCILIATION BEFORE LOK ADALATH, 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 – Royal Sundaram Alliance Insurance Company Limited 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. 1,50,000/- (Rupees One Lakh Fifty Thousand 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 entire enhanced compensation amount shall be disbursed in favour of the appellant, 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

Binnimon Mathew @ Benny Mathew vs Nallathambi A And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • Raghvendra S Chauhan
  • H R Renuka