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M/S Icici Lombard General Insurance Co Ltd 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 B. VEERAPPA & SRI. M.N. UMASHANKAR, MEMBER M.F.A.No.7331/2015 (MV) (Lok Adalat No.2763/2019) BETWEEN Srinivas, S/o Late Ramakrishnappa, Aged about 36 years, R/of # 38, Bovi Palya, Navarathna Agrahara, Sadahalli (P), Bengaluru - 560 082. ... Appellant (By Sri. D.S. Sridhar, Advocate) AND 1. M/s ICICI Lombard General Insurance Co. Ltd., # 62/1, 2nd Floor, Prestige Cronicle, Opposite Bowring Hospital, Richmond Road, Bengaluru - 560 027. Rep. by its Manager 2. T.R. Janjunath, Father’s name not known to the appellant, Major, Manju Cine Services, No.454, 7th Cross, 10th ‘A’ Main Road, Jayanagar, Bengaluru - 560 011.
3. Rose Mary Gomes, S/o Sri Alaxender Gomes, Major, No.11/4, 1st Main Road, Chamarajpet Bazar, Bengaluru. …Respondents (By Sri. H.N. Keshava Prashanth, Advocate for R.1) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 08.01.2015 PASSED IN MVC NO.4110/2011 ON THE FILE OF THE XVIII ADDL. JUDGE, COURT OF SMALL CAUSES, MEMBER, MACT-4, BENGALURU, 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 first Respondent - ICICI Lombard 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 Appellant - Claimant (being authorized by the appellant to sign) and the learned advocate appearing for the first Respondent - Insurance Company and its authorized officer is filed. The Appellant - Claimant has agreed to receive and the first Respondent - Insurance Company has agreed to pay a lump-sum of Rs.5,00,000/- (Rupees Five Lakhs 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 deposit and release of the enhanced compensation amount shall be as per the Judgment and Award passed 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 Sd/- MEMBER LL
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Title

M/S Icici Lombard General Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
13 July, 2019
Judges
  • B Veerappa
  • Sri M N Umashankar