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.10543/2013 (MV) (Lok Adalat No.2810/2019) BETWEEN 1. Kamakshi, W/o Late Mahesh, Aged about 33 years, 2. Kum. Kushi, D/o Late Mahesh, Aged about 9 years, (Since minor Rep. by Mother and natural Guardian 1st appellant) Both are R/of Basthihalli Grama, Shanthigrama Hobli, Hassan Taluk. ... Appellants (By Sri. Shripad V. Shastri, Advocate) AND 1. Lakshmi Jayashankar, No.21, Tayineralu, 3rd Cross, 2nd Main, Parvathi Nagar, Laggere, Bengaluru - 58.
2. ICICI General Insurance Co. Ltd., Hosur Road, Madivala, Bengaluru - 68 By its Manager …Respondents (By Sri. B.Pradeep, Advocate for R.2; Notice to R.1 d/w. v/o dt: 30.09.2015) MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 09.02.2012 PASSED IN MVC NO.1173/2007 ON THE FILE OF THE PRESIDING OFFICER, FAST TRACK-II COURT AND MACT, HASSAN, 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 Appellants - Claimants and the learned Counsel appearing for the second 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 Appellants - Claimants (being authorized by the appellants to sign) and the learned advocate appearing for the second Respondent - Insurance company and its authorized officer is filed. The Appellants - claimants have agreed to receive and the second Respondent - Insurance company has agreed to pay a lump-sum of Rs.1,60,000/- (Rupees One Lakh Sixty Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim.
3. The second 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 apportionment, deposit and release of the enhanced compensation amount shall be made 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