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K Nagaraju vs Harish T N 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 L.NARAYANA SWAMY & SMT. B.V. VIDYULATHA, MEMBER M.F.A.No. 2525/2017 (MV) (Lok Adalat No. 4612/2017) BETWEEN K.Nagaraju S/o Kenchegowda, Aged about 47 years, r/o Leelavathi Badavane, Maddur Town, Mandya District – 571414. ... Appellant (By Sri Sreenivasan M.Y., Advocate) AND 1. Harish T.N.
S/o Nagaraja Shetty, Major, R/at Kumbalagodu Village, Kengeri Hobli, Bangalore Rural District – 560043.
2. Sriram General Ins. Co. Ltd., R/p by Branch Manager, No.5/5, 3rd Floor Monark Church, Infantry Road, Bangalore – 560001. ... Respondents (By Sri B.C.Shivannegowda, Advocate for R-2, Notice to R-1 d/w. v.c.o. dated: 26.10.2017) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 09.11.2016 PASSED IN MVC NO. 866/2015 ON THE FILE OF SENIOR CIVIL JUDGE AND MACT, MADDUR, 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 – Shriram General Insurance Co. Ltd. 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.
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
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Title

K Nagaraju vs Harish T N And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • L Narayana Swamy