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M M Ravi vs Narayanaswamy P V And Others

High Court Of Karnataka|09 December, 2017
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JUDGMENT / ORDER

HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE LOK ADALATH IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 09TH DAY OF DECEMBER, 2017 CONCILIATORS PRESENT:
THE HON’BLE MR. JUSTICE B. VEERAPPA AND SRI. M.N. UMASHANKAR, MEMBER M.F.A. No. 2866/2015 (MV) (Lok Adalat No. 794/2017) BETWEEN:
M.M.Ravi S/o Muttanna, Aged about 46 years, AHC 92, DAR Police, No.12, A-Block, Police Quarters, Mandya City – 571 401. ... Appellant (By Sri Bhushani Kumar, Advocate) AND:
1. Narayanaswamy P.V. S/o Venkataramanappa, Major in age, SRR Cabs, No.40/1, 3rd Main, 5th Cross, Wilson Garden, Bangalore – 560 027.
2. The Manager, Legal Future General India Insurance Co. Ltd., Pasadena, No.18/1, [Old 125/A], 3rd Floor, Ashoka Pillar Road, 1st Block, Jayanagara, Bangalore – 560 082. .. Respondents (By Sri Ravi S.Samprathi is directed to take notice for R-2, Notice to R.1 d/w. v.o. dated: 27.08.2015) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED: 15.09.2014 PASSED IN M.V.C. NO.526 /2011 ON THE FILE OF THE II ADDL. SENIOR CIVIL JUDGE AND ADDL. MACT, MANDYA, 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 appellant and the representative of Respondent – Future General India Insurance Company Ltd., along with its counsel 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 compensation of Rs. 50,000/- (Rupees Fifty 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 appellant on proper identification.
5. The Miscellaneous First Appeal stands disposed of in terms of the Joint Memo. The award of the Tribunal shall stand modified accordingly. Draw up the award accordingly.
Mkm Sd/- JUDGE Sd/- MEMBER
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Title

M M Ravi vs Narayanaswamy P V And Others

Court

High Court Of Karnataka

JudgmentDate
09 December, 2017
Judges
  • Sri M N Umashankar
  • B Veerappa