HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 31ST DAY OF OCTOBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE L. NARAYANA SWAMY & SRI. B. PRADEEP, MEMBER M.F.A.No. 6127/2016 (MV) (Lok Adalat No. 2340/2017) BETWEEN K. Venkateshwara Rao S/o Krishnaji Rao, Aged about 39 years, Residing at No.461, 55th Cross, 3rd Block, Rajajinagar, Bengaluru – 560 010. ... APPELLANT (By Sri. Umashankar, Advocate) AND 1. The National Insurance Co. Ltd., Regional Office, No.144, Shubaram Complex, M.G. Road, Bengaluru – 560 001.
(Policy in No.604901/31/13/610000 7570 Policy issued by Chikmagalur Valid from 24.2.2014 to 23.2.2015).
2. Smt. B. Prathima, Major, C/o B.S. Pradeep Kumar, R/at C/o Dunduga Estate, Halase Post, Mudigere Taluk, Chikmagalur – 577 132, (Policy Holder of Car No.KA-03/MD-1714).
3. Mr. Syed Nazeer Ahmed S/o Syed Mastan Sab, Aged: Major, R/at No.558, 17th Main Road, 22nd Cross, Devaraj Urs Nagar, Chamarajpet, Bengaluru – 560 026, (Owner of Car No.KA-03/MD-1714). ... RESPONDENTS (By Sri. A. Ravishankar, Advocate for R-1, Notice to R-2 & R-3 – d/w v.c.o. dated 26.04.2017) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 11.04.2016 PASSED IN MVC NO. 378/2015 ON THE FILE OF THE XXI ADDL. SMALL CAUSES JUDGE AND XIX ACMM AND MEMBER, MACT, BANGALORE, 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 – National 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. 75,000/- (Rupees Seventy 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 Rbv Sd/- MEMBER