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Icici Lombard Motor Insurance Co Ltd And Others

High Court Of Karnataka|27 October, 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 27TH DAY OF OCTOBER, 2017 CONCILIATORS PRESENT:
HON’BLE MR.JUSTICE B.SREENIVASE GOWDA & SMT. M.JYOTHI, MEMBER M.F.A.No.1103/2017 (Lok Adalat No.4065/2017) BETWEEN SAMINATHAN, S/O. PONNUDI, AGED 22 YEARS, R/O NO.55, 1ST MAIN, 1ST FLOOR, KRISHNAIAHNA PALYA, NEAR SURYA BAKERY, BEHIND NGEF, INDIRANAGAR POST, BANGALORE-38.
... APPELLANT (By Sri. H K BASAVARAJ, ADV.) AND 1. ICICI LOMBARD MOTOR INSURANCE CO. LTD., BY ITS MANAGER, NO.89, SVR COMPLEX, 2ND FLOOR, NEAR AYYAPPA TEMPLE, HOSUR MIAN ROAD, MADIWALA, BANGALORE-560 068.
2. SATISH KUMAR S/O M.V.VENKATASWAMY AGED MAJOR R/O. NEW NO.232, OLD NO.18, 2ND MAIN, 8TH CROSS, VENKATASWAMY LAYOUT, BEHIND NGEF VGS TMPL, KRISHNAIAHNA PALYA, BANGALORE-38.
... RESPONDENTS (By Sri. H. N. KESHAVA PRASHANTH, ADV. FOR R.1, SRI. KARTHIK A., ADV. FOR R.2) THIS MFA IS FILED U/S 173(1)OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:20.2.2016 PASSED IN MVC NO.901/2015 ON THE FILE OF THE III ADDITIONAL SENIOR CIVIL JUDGE, COURT OF SMALL CAUSES, BENGALURU, PARTLY ALLOWING THE CLAIM PETITION FOR COMPENSATION AND SEEKING ENHANCEMENT OF COMPENSATION.
THE APPEAL BEING REFERRED TO LOK ADALAT, COMING ON FOR CONCILIATION, THIS DAY, THE LOK ADALAT PASSED THE FOLLOWING:
CONCILIATION ORDER The learned counsel for the claimant-appellant and the learned counsel for the Insurance Company 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.85,000/- (Rupees eighty five 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 and the same shall be released in favour of the appellant.
4. 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 Mgn/-
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Title

Icici Lombard Motor Insurance Co Ltd And Others

Court

High Court Of Karnataka

JudgmentDate
27 October, 2017
Judges
  • B Sreenivase Gowda