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 B.VEERAPPA & SRI M.N.UMASHANKAR, MEMBER M.F.A.No. 6766/2016 (MV) (Lok Adalat No. 6417/2017) BETWEEN Mr. Madhu R. S/o Rajanna, Aged about 21 years, Residing at Okkaligara Beedi, Vadagere, Gowdahalli, Kasaba Hobli, Yelandur Tq. Chamarajanagar Dist.
Present Address:
C/o Basavaraju, R/at 129, 3rd Cross, 4th Main, Rajagopalnagar, Peenya II Stage, Bangalore – 560 058. ... Appellant (By Sri Gurudev Prasad K.T., Advocate) AND 1. M/s. Oriental Insurance Co. Ltd., T.P. claims Hub, Regional Office, 4th Floor, Leo Shopping complex, Residency Road Cross, M.G.Road, Bangalore – 560 025.
By its Manager.
.
2. A. Chandra, Major, W/o Ashok Kumar, R/at No.86, Devarakaggalahalli, Jakkasandra Post, Harohalli Hobli, Kanakapura Tq, Ramanagaram Dist. …Respondents (By Sri K.Sridhar, Advocate for R-1] MFA FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 06.08.2016 PASSED IN MVC NO. 3934/2015 ON THE FILE OF XXI ADDL. SCJ, MEMBER – MACT, BENGALURU, 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 – Oriental Insurance Company Limited 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. 1,00,000/- (Rupees One Lakh 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