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 B. VEERAPPA & SRI M.N. UMASHANKAR, MEMBER M.F.A.No. 2980/2012 (MV) (Lok Adalat No. 4862/2017) BETWEEN Divakara S/o Rajegowda, Aged about 30 years, Muddanahalli Village, Doddamagge Hobli, Arkalgud Taluk, Hassan District. ... Appellant (By Sri N.R.Ravikumar and Sri K.S.Ganesha, Advocates) AND 1. M.T.Ranganatha S/o Thimmegowda, Aged about 33 years, Doddamagge Hobli, Arkalgud Taluk, Hassan District.
2. The Branch Manager, M/s. National Insurance Co. Ltd., Branch Office, Manjunatheshwara Complex, Bus Stand Road, Hassan Town, Hassan.
3. The Branch Manager, The Oriental Ins. Co. Ltd., 1st Floor, S.S.Complex, Subhash Circle, Hassan. ... Respondents (By Sri M.Narayanappa, Advocate for R-2, Sri R.Rajagopalan, Advocate accepts notice for R.3] MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 30.07.2010 PASSED IN MVC NO. 3171/2008 ON THE FILE OF FAST TRACK COURT AND MACT, ARKALGUD, 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 – Oriental 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. 1,20,000/- (Rupees One Lakh Twenty 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 released 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 Mkm Sd/- MEMBER