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The Branch Manager 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 K. SOMASHEKAR & SRI A.P. RANGANATH, MEMBER M.F.A.No. 3913/2018 (MV) (Lok Adalat No.932/2019) BETWEEN 1. Leelavathi, W/o late Ramu R.C., Aged about 50 years, 2. Reetha R., D/o late Ramu R.C., Aged about 27 years, 3. Vijay Kumar R., S/o late Ramu R.C., Aged about 25 years, All are R/o. Mugthihalli Village & & Post, Chikkamagaluru Taluk & & District – 577 101. ... Appellants (By Sri Girish B. Baladare., Advocate) AND 1. The Branch Manager, Shriram Gen. Ins. Co. Ltd., Branch Office, Infantry Road, Bengaluru – 560 009.
2. Prakash, S/o late Chandrashekaraiah, Aged about 39 years, R/o Kuvempu Nagara, Fort, Chikkamagaluru – 577 101.
3. Raghu S/o Babu Poojari, Aged about 39 years, R/o Mangalavarapete, Aldur Hobli, Chikkamagaluru Taluk & District – 577 101. ... Respondents (By Sri B.Pradeep, Advocate for R.1, Notice to R.2 & 3 is d/w. v/o. dated 06.06.2019) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 19.01.2018 PASSED IN MVC NO.119/2017 ON THE FILE OF THE 1ST ADDL. SENIOR CIVIL JUDGE & AMACT, CHIKKAMAGALURU, 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 Appellants - Claimants and the learned Counsel appearing for the First Respondent – Shriram General 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 appellants (being authorized by the appellants to sign) and the learned advocate appearing for the First respondent- insurance company and its authorized officer is filed. The appellants-claimants has agreed to receive and the First 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.
3. The First 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 appellants-claimants as per the ratio adopted by the Claims Tribunal, 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 Mkm* Sd/- MEMBER
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Title

The Branch Manager And Others

Court

High Court Of Karnataka

JudgmentDate
13 July, 2019
Judges
  • K Somashekar